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Ed promises Ted that he will pay Ted's tuition bill at BU if Ted does not have enough money to do so. Is this within the statute of frauds?

A. Ed and BU do not agree to a contract.
B. Ed and BU agree to a contract, but it is not in writing and is therefore unenforceable.
C. Ed and BU agree to a contract, but the contract is not signed by both parties and is therefore unenforceable.

Answer :

Final answer:

The scenario where Ed promises to pay Ted's tuition if Ted can't afford it falls within the statute of frauds, which mandates certain contracts, usually involving debts, to be in writing and signed by concerned parties to be enforceable.

Explanation:

The situation you've described, where Ed promises to pay Ted's tuition at BU if Ted can't afford it, indeed falls within the statute of frauds. The statute of frauds is a legal principle that necessitates certain contracts to be in writing and signed by the involved parties to be enforceable. These normally include contracts related to debts, such as this one. Given this, the accurate case would be Scenario C: Ed and BU agree to a contract, but the contract is not signed by both parties and therefore unenforceable; unless there is documented evidence of Ed's promise, the agreement between Ed and BU may not be enforceable by law.

Learn more about Statute of Frauds here:

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