What aspect does the statute of frauds cover in Texas law?

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The statute of frauds in Texas law specifically requires certain agreements to be in writing in order to be enforceable. This primarily applies to contracts for sale of goods valued at $500 or more, as well as other significant types of contracts such as real estate transactions and agreements that cannot be performed within one year. Therefore, the focus on written contracts for sale aligns directly with the requirements set forth by the statute of frauds. By ensuring these contracts are documented, the law aims to prevent misunderstandings and disputes that could arise from oral agreements and to provide clear evidence of the terms agreed upon by the parties involved.

This context helps clarify how the statute of frauds functions to ensure that certain agreements adhere to formalities that bolster their enforceability in a legal setting.

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