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A Contract Must Be In Writing To Be Enforceable If Its Performance Is impossible Within One Year.

A contract must be in writing to be enforceable if its performance is impossible within one year.

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A contract must be in writing to be enforceable if its performance is impossible within one year.

Question:

Do you need a written contract for it to be enforceable in the event its performance is not possible within one year?

Answer:

True

In fact, under the statute of frauds, a contract must be in writing to be enforceable if its performance is impossible within one year.

Statute of Frauds

The Statute of frauds typically require that a contract that cannot be performed within one year to be in writing. 

It’s important to note that contracts with indefinite duration will not fall under the statute of frauds.

Takeaways 

Let’s look at a summary of our findings.

A contract must be in writing to be enforceable if its performance is impossible within one year.

  • Question: Do you need a written contract if performance is impossible within one year?
  • Answer: Yes, under the Statute of frauds, you need a written agreement if the contract cannot be performed within a year
Binding contract 
Breach of contract
Business law 
Collateral promise
Impossible performance 
Main Purpose Doctrine
Misrepresentation 
Parol Evidence Rule
Statute of frauds
Unenforceable contract
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Hello Nation! I'm a lawyer by trade and an entrepreneur by spirit. I specialize in law, business, marketing, and technology (and love it!). I'm an expert SEO and content marketer where I deeply enjoy writing content in highly competitive fields. On this blog, I share my experiences, knowledge, and provide you with golden nuggets of useful information. Enjoy!

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