V: Statute of Fruads

Question 1

SoF requires

Answer 1

A writing
Signed by the party to be charged
Contain the essential elements of the deal

Question 2

Types of Ks w/in SOF

Answer 2

M. Sour

Marriage: any agreement in consideration of marriage

Suretyship: K to answer for debt/duty of another

One year: K that cannot be performed in 1 year

UCC: sale of goods for at least $500, memo must indicate that K has been made, identify parties, contain quantity, and be signed by the party to be charged

Real property: applies to Ks providing subsequent conveyances of an interest in property