Statute Of Frauds Benefit People

I believe that the Statute of Frauds does benefit the people. The statute of frauds provides a protection to parties stating an obligation was made. If there is any dispute, the contract that is in writing, with the signature of both party, helps clear up the conflict. As it was stated in the Point/Counterpoint at the end of Chapter 18, parties who practice the statute of frauds are less likely to enter into an unfair or unclear agreement because they pause and reflect on the contract.
In this generation, you can find a form of the statute of frauds called terms of service, also known as terms and condition or terms of use, on many websites, games, social media application, etc. Terms of service state what you are about to get yourself into
such as, this website will/may share your information with other people. Terms of service can even state that they will not share your information. It is always best to read these terms of service before pressing “I agree” because you may regret it one day if there is a dispute. Having a written agreement lays out the promise of both parties.