Oral Contracts and the Statute of Frauds
Aaron orally promises to build a bridge for Ben. Both parties agree that the project will likely take three years to complete, and Ben promises to pay Aaron a set salary over this period. Which of the following statements is true?
A
The statute of frauds will likely not cover this contract because it is a fully performed contract.
B
The statute of frauds will likely not cover this contract because it is possible for the performance to be completed within one year.
C
The statute of frauds will likely not cover this contract because it is an employment contract.
D
The statute of frauds will likely cover this contract because it cannot be performed within one year.