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A and B enter into a contract for the rendering of a personal service for the re

ID: 459331 • Letter: A

Question

A and B enter into a contract for the rendering of a personal service for the rest of A ' s life for a monthly fee. is this contract subject to the Statute of Frauds? You attempt to obtain my snow shoveling services for this winter. Upon learning that I am fully booked this winter and not wanting to miss out next winter, you and I agree that I shall shovel your snow for the period of time between December 1, 2016 and March 2017. Is this contract subject to the Statute of Frauds? In order to get you to lend money to my 100% owned corporation, I guarantee payment of the debt if the corporation defaults on the loan. Is this agreement subject to the Statute of Frauds?

Explanation / Answer

1) No, This contract is not subject to the statute of frauds because this contract is of indefinite duration. any contract of indefinite duration doesn't fall under statute of frauds regardless of how long the performance actually takes.

2) Yes, This contract is subject to the statute of frauds because the contracts can be completed within 1 year

3) Yes, This contract is subject to the statute of frauds because because it is a contract in which one party becomes a surety (acts as guarantor) for another party's debt obligation.

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