Faith age 42, orally agreed to work for Trinity, Inc. for the rest of her life for $50,000 per year. This agreement would not be enforceable since it violates the one-year rule of the statute of frauds. True

Question

Business

Tanner Morrow

7 September, 06:05

Faith age 42, orally agreed to work for Trinity, Inc. for the rest of her life for $50,000 per year. This agreement would not be enforceable since it violates the one-year rule of the statute of frauds. True

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Answers (2)

Know the Answer?

Pranav Wu · Answer 1

Answer: False

Savanna Olsen · Answer 2

True

Explanation:

Although I personally believe that the concept of a lifetime contract is something terrible, for both the employee and the employer, the Illinois Supreme Court (McInerney v. Charter Golf, Inc.) determined that such a contract must be in writing and signed in order for it t be considered enforceable.