Engineering Board Exam Reviewer · ECE · easy

Under the Statute of Frauds, which of the following must be in writing to be enforceable?

  1. A sale of goods worth ₱100
  2. An agreement that by its terms is not to be performed within one year from its making
  3. A one-month rental agreement
  4. An agreement to be performed tomorrow

Answer

B. An agreement that by its terms is not to be performed within one year from its making

Solution

Article 1403(2)(a). Also: sale of goods at ₱500 or more, lease for more than one year, sale of real property, among others.

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