Not all contracts have to be in writing to be valid or enforceable. The statute of frauds however, requires that certain types of contracts be in writing to be enforceable in a court of law. Briefly explain five types of contracts, described in the textbook, that must be in writing according to the statute of frauds. $($Any answers that do not appear in the textbook will be marked as incorrect.$)$

$1.($Type of contract that must be in writing$)$

$2.($Type of contract that must be in writing$)$

$3.($Type of contract that must be in writing$)$

$4.($Type of contract that must be in writing$)$

$5.($Type of contract that must be in writing$)$

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The Statute of Frauds a legal principle dating back to a 1677 English law stipulates that certain ty... View the full answer