With Regard to the Statute of Frauds and Contracts Whose

Multiple Choice

With regard to the statute of frauds and contracts whose terms prevent possible performance within one year,which of the following is an incorrect statement?

A) The one-year period begins to run the day after the contract is created.
B) A contract does not come within the statute of frauds if it could be completed within one year,even if it is highly unlikely that a contract will be completed within one year.
C) A contract for lifetime employment does not have to be in writing in order to be enforceable.
D) Contracts whose performance,based on the terms of the contract,could not possibly occur within one year fall within the statute of frauds.
E) The one-year period begins to run the day the contract is scheduled to begin.