What is the name of the statute that outlines certain classes of contracts that must be in writing to be enforceable?

The correct choice identifies the Statute of Frauds, which is a vital legal principle that requires certain types of contracts to be in writing to be enforceable in a court of law. This statute helps prevent fraud and misunderstandings in agreements that are deemed significant enough due to their potential consequences.

The Statute of Frauds typically encompasses contracts that involve the sale of real estate, contracts that cannot be performed within a year, and agreements involving significant sums of money, among others. By mandating written evidence of these contracts, the law aims to provide clarity and security for the parties involved in these transactions.

Understanding this statute is essential for professionals in fields such as funeral service education, as it relates directly to the legal aspects of service agreements, pre-need contracts, and other related arrangements that must adhere to formalized standards to ensure their enforceability.