BLAW 2301 Study Guide - Midterm Guide: Estoppel, Oral Contract, Parol Evidence Rule
Document Summary
Unenforceable unless written if one of six topics. Statute of frauds plaintiff may not enforce any of the following agreements unless the agreement is in writing and signed by the defendant; purpose is to avoid being defrauded in oral agreement o. Must be in writing to be enforceable but not void, if already executed not void. If the seller performs her side of a contract for land, a court is likely to enforce the agreement even if oral. Part performance by the buyer: buyer can enforce oral contract if she paid part of the purchase price or made improvements on it. Agreements that cannot be performed within one year: must be in writing o. If it can possibly be completed within one year, it need not be in writing. Contract is to work for the rest of your life, and you can die tomorrow; oral is okay o.
