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Contracts II
Set I
5
Law
Graduate
12/24/2012
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Term
Full Performance Exception
 Definition
Where one party performs a K, the SOF is unavilable to the other who knowingly accepts benefits & partly performs in a way that corroborates the agreement. Envoking the SOF would constitute a fraud.
Term
Partial Performance
 Definition
Removes an oral agreement from the SOF only if the performance is unequivocally referable to the agreement & corroborative of the fact that the K was made.
Term
Surety K not enforceable under the SOF
 Definition
Promise to pay the debt of another which is not written and duly signed cannot be enforced either at law or in equity.
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