Excerpt from The Law of Contracts
The Statute of Frauds and Perjuries, passed in the twenty-ninth year of Charles the Second, was intended as an effectual prevention of all the more common frauds practised in society. But a great diversity of opinion, as to its effect, has existed both in England and in this country. (a) Provisions substantially similar, however, have been made by the States of this country, although in no one State is the English statute exactly copied. The questions which have arisen under this statute are almost innumerable; and the great variety of cases leave some of them as yet unsettled. But the statute has had a most important operation upon a great variety of contracts; especially upon those of sale and guaranty; and we must endeavor to present the results of the widely extended adjudications on the subject.
The two sections which peculiarly affect the law of contracts, are the fourth and the seventeenth.
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