If a contract cannot be performed within one year the statute

Question

If a contract cannot be performed within one year, the statute of frauds requires that ______________________.

A. the one-year period begins to run the day after the contract is created, not when the contract is scheduled to begin

B. a contract does not come within the statute of frauds if it could be completed within one year even if it is highly unlikely that a contract will be completed within one year

C. a contract for lifetime employment does not have to be in writing in order to be enforceable

D. contracts whose performance, based on the terms of the contract, could not possibly occur within one-year fall within the statute of frauds

E. All of these are true.

Answer

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