Under the Statute of Frauds, what is the time limit to enforce an oral contract?

Study for the Florida Mutual Recognition Test. Use flashcards and multiple choice questions, each with hints and explanations. Prepare thoroughly for your exam!

Multiple Choice

Under the Statute of Frauds, what is the time limit to enforce an oral contract?

Explanation:
In Florida, the time to sue on an oral contract is four years. The Statute of Frauds requires certain contracts to be in writing, but when you have an oral contract that falls into the general contract category, the breach must be sued within four years. The clock starts when the breach occurs (when performance is due and not provided). Written contracts, by contrast, have a five-year period, which is why that option isn’t correct.

In Florida, the time to sue on an oral contract is four years. The Statute of Frauds requires certain contracts to be in writing, but when you have an oral contract that falls into the general contract category, the breach must be sued within four years. The clock starts when the breach occurs (when performance is due and not provided). Written contracts, by contrast, have a five-year period, which is why that option isn’t correct.

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