Some Leading Benefits of Latin (and Classical) Studies. You don't just read about Seneca or Caesar; you read the words of Seneca and Caesar themselves. You don't just speak your own modern language unreflectively, but you learn where much of it came from, after actually seeing the contents and the workings of one of its greatest sources.
Every state has some version of a statute of frauds. A statute of frauds is a law that deems certain types of oral contracts unenforceable unless there's a writing that evidences the agreement. The writing doesn't need to be a formal, written contract.
DEFINITION of 'Statute of Frauds'. A legal concept that requires certain types of contracts to be executed in writing. The precise form of the Statute of Frauds varies between jurisdictions, but generally requires a writing for the following types of contracts: (1) Contracts for the sale of land; (2) Contracts for the sale of goods above a certain dollar amount; (3) Contracts that cannot be completed in less than one year; and.