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If the following conditions are not satisfied under the statue of frauds does that mean that a written contract is needed to validate the offer?

Conditions:

1. Contract cannot be performed within a year after the contract is made

2. Contract for the sale of real estate

3. Promise by a third part to creditor to pay the debt of the debtor?

What would be a scenario that would describe these conditions?

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  • Category:- Business Management
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