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The statute of Frauds states that certain types of contracts must be in writing. Does the coverage...

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General Management

Thestatute of Frauds states that certain types of contracts must be inwriting. Does the coverage of the statute of frauds make sense asit currently stands? Would it be better to expand the law andrequire that all contracts be in writing? Or should the law be doneaway with altogether? Explain each answer in details ..

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Statute of fraud as a part of contract law was enacted in the year 1677 in the British parliament to prevent the case of fraud voluntary violation of truth and cases of perjury Later on it was adopted in the USA though different state laws are also in place Regarding its importance and significance it still holds in present time as scope of fraud and perjuries have increased significantly Though it should    See Answer
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