Question

Beaux is discussing with Brad the purpose of the statute of frauds enacted in all states,and tells him the purpose of the law is to:

a. prevent fraud relating to certain contracts.
b. prevent the enforcement of contracts that are not signed by all parties.
c. prevent enforcement of certain contracts that are not in writing.
d. prevent a party to a contract from testifying at trial.

Answer 1

Answer:

The correct answer is (C)

Explanation:

The main purpose of writing a contract is to prevent future misconduct and fraud. The statute of fraud is a legal concept which helps to prevent contract by writing them. It helps to write certain contracts in writing to avoid frauds etc.  According to brad, the main reason to execute this law in all states is to prevent enforcement of specific contracts that are not in writing.