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Social Studies, 13.02.2020 23:03 hannamcbrayer1
John orally agrees to loan Bill $10,000.00 for 6 months. The agreement to pay the loan back is not in writing. Bill refuses after 6 months to pay the loan back and tells John that he believes that John "gave" him the $10,000.00. John sues Bill. The trial court rules that the contract is within the Statute of Frauds and so requires the agreement to be in writing and dismissed the lawsuit. On appeal the appellate court should:
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John orally agrees to loan Bill $10,000.00 for 6 months. The agreement to pay the loan back is not i...
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