• The Perils of the Statute of Frauds
  • March 16, 2017 | Author: Steven Nudelman
  • Law Firm: Greenbaum, Rowe, Smith & Davis LLP - Woodbridge Office
  • For purposes of this discussion, let’s assume that the parties did have a contract. They had the requisite offer, acceptance, consideration, and meeting of the minds on all essential terms. The only thing they did not have was a written document memorializing their deal. Could Paul enforce their oral agreement? Again, the answer depends squarely on the application of the Statute of Frauds.