Statute Of Frauds And Electronic Contracts

Some contracts require a writing of one kind in order to be enforceable in order to satisfy the Statute of Frauds. The Statute of Frauds requires that certain types of contracts must be evidenced by a writing. The purpose of the Statute of Frauds is to demonstrate that both parties intended to enter into an enforceable agreement. The world of facsimiles has already presented an issue to whether or not an agreement could be held valid under the Statute of Frauds. Now with the invention of the electronic contracts age via the exchange of emails, it must be evaluated to determine what requirements must be completed to satisfy the Statute of Frauds.

The following questions have been addressed in this article:

What is a sufficient writing under the Statute of Frauds?
What is the rationale behind the Statute of Frauds requirement?
Is there a way to avoid the Statute of Frauds requirement and enforce the contract?
What about the fact that states have different statutes involving the Statute of Frauds and what about the fact that the contract occurred online?
What is the difference between the Statute of Frauds and the parole evidence rule?

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