performance
12
Oct
How Do I Know If My Agreement Can Be Performed Within One Year?
Part II in a Series about the Statute of Frauds
This article is the second in a series of articles covering the Statute of Frauds. We previously discussed that an agreement that is not capable of being performed within one year from the date of the contract, must be in writing to be enforceable. Here we examine exactly what this means.
In general, there are three types of agreements that one might find themselves involved with, in which they must make the determination regarding whether the contract can be performed within one year. We examine them each in turn below by way of examples.
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