Problem:
Charter Golf, Inc. manufactures and sells golf apparel and supplies. Ken worked as a charter sales representative for 6 months when he was offered a position with a competing firm. Charter's president, Jerry, offered Ken a 10% commission "for the rest of his life" if Ken would turn down the offer and stay on with Charter. He also promised that Ken would not be fired unless he was dishonest. Ken turned down the competitor's offer and stayed with Charter. Three years later, charter fired Ken for no reason. Ken sued, alleging breach of contract.
1. Does Ken's employment contract fall within the statue of frauds? Why or why not?
2. Suppose that Jerry had taken put a pencil and written 10% for life" on the back of a receipt, and handed it to Ken. Would that satisfy the Statute of Frauds? Why or why not?
Please included references.