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Author Question: Why does the statute of frauds only apply to certain types of agreements? What will be an ideal ... (Read 73 times)

karlynnae

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Why does the statute of frauds only apply to certain types of agreements?
 
  What will be an ideal response?

Question 2

Diversity jurisdiction.
 
  What will be an ideal response?



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SAUXC

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Answer to Question 1

The statute of frauds applies only to certain types of agreements as a matter of public policy. Historically, certain types of contracts were ripe with fraud and states (and the UCC) have incorporated this principle to avoid fraud (or proof problems) in contracts.

Answer to Question 2

Controversies between different states or citizens of different states.




karlynnae

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Reply 2 on: Aug 3, 2018
Great answer, keep it coming :)


smrtceo

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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