Taking Ls But Never Losing

Statute of Frauds: MYLEGS


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M: Marriage K

Y: Contracts that cannot be performed under 1 YEAR

L: Land Contract/ Sale of Real Property

E: Executor Contract

G: Goods over $500 (UCC)

S: Surety 


Statute of Frauds says these all need to be in writing -- however, there are some exceptions that I did not get into on this episode. Always check your jurisdiction & study materials. 

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Taking Ls But Never LosingBy Faith