Asked by
Michelle Brown
on Nov 27, 2024Verified
Reliance on a certain type of oral contract can be enough to remove it from the Statute of Frauds.
Oral Contract
A legally binding agreement made through spoken words and commitments rather than in writing.
Statute of Frauds
A legal principle requiring certain types of contracts to be in writing and signed by the party being charged to be enforceable.
- Understand the principle of promissory estoppel and its capacity to supersede the Statute of Frauds.
Verified Answer
SN
Learning Objectives
- Understand the principle of promissory estoppel and its capacity to supersede the Statute of Frauds.