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today were going to discuss the statute of frauds which concerns the kinds of agreements that must be in writing in order to be enforcable if an agreement Falls within the statute then having a written contract is a requirement for enforcing the promises in the agreement well discuss the historical Origins and context of the statute the types of transaction that fall within the statute and the requirements for fulfilling the statutes uh itself and the consequences of non-compliance and varying judicial interpretations of the statute lets start with some historical background in 1677 the English parliament passed the precursor to the modern American statute of frauds it was called an act for prevention of fraud and perjuries the Act was meant to prevent individuals from falsely claiming that another party had promised them something and from then suing that party for bdocHub of the alleged contract this kind of false claim was particularly pernicious because in England at the time of