Discuss the relationship of oral contracts and the statute


1. Discuss the relationship of oral contracts and the Statute of Frauds.

2. What is the tradeoff represented by the Statute of Frauds?

3. What ethical standards are at issue in the application of the doctrine of promissory estoppel?

4. Discuss Criticisms of the Statute of Frauds.?

5. Many countries have no Statute of Frauds, and even England, the country that created the original act, has repealed it.

a) Should the United States do likewise?

b) What are some of the costs and benefits to society of the Statute of Frauds?

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