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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 26 times)

karlynnae

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on: Aug 3, 2018
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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Reply #1 on: Aug 3, 2018
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
Thanks for the timely response, appreciate it

scottmt

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Reply 3 on: Yesterday
:D TYSM

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