Statute of Frauds 1677: Difference between revisions

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The [[Statute of Frauds]] was enacted to meet the danger that certain types of contract (for example those relating to wills, [[surety]] (i.e. [[guarantee]]s), marriage and land transfer) must be in writing and signed to avoid fraud on the court by perjury and subornation of perjury. It also required that documents of the courts be signed and dated.)could be established by false evidence, or evidence of "loose talk, when it never was really meant to make such a contract" - {{casenote|Steele|M'Kinlay}}
{{a|contract|}}The [[Statute of Frauds]] is, get this, ''current English law''. It was enacted to meet the danger that certain types of contract (those relating to wills, [[surety|sureties]] ([[guarantee]]s), marriages and land transfers) must be in writing and signed, to avoid fraud on the court by perjury and subornation or convenient evidence of "loose talk, when it never was really meant to make such a contract" {{casenote|Steele|M’Kinlay}}.


It's of some relevance when you are considering a [[guarantee]] and has something to with why you see [[indemnity|indemnities]] tacked onto guarantees - the [[Statute of Frauds]] applies to guarantees but not to ordinary contracts.
It also required that court documents be signed and dated.


===See Also===
While much if it has been replaced in the three and a half centuries since its enactment — Sections 1-3 by the [[Law of Property Act 1925]], and everything from Section 5 by various other miscellaneous bits of 20th Century do-goodery — Section 4 remains on the statute books, as originally spelled at the time of the Glorious Revolution:
{{quote|{{font|Baskerville}}''Noe Action shall be brought whereby to charge the Defendant upon any speciall promise to answere for the debt default or miscarriages of another person unlesse the Agreement upon which such Action shall be brought or some Memorandum or Note thereof shall be in Writeing and signed by the partie to be charged therewith or some other person thereunto by him lawfully authorized.''<ref>https://www.legislation.gov.uk/aep/Cha2/29/3/section/IV</ref>}}
 
It’s of some relevance when you are considering a [[guarantee]] and has something to with why you see [[indemnity|indemnities]] tacked onto guarantees: the [[Statute of Frauds]] applies to guarantees but not to ordinary contracts.
{{sa}}
*[[Guarantee]]
*[[Guarantee]]
{{ref}}