Can an oral agreement be enforceable under the statute of frauds?

An oral agreement can indeed be enforceable under the statute of frauds if it is confirmed by a written document. The statute of frauds requires certain types of contracts to be in writing to be enforceable, such as contracts related to the sale of real estate, contracts that cannot be performed within one year, and contracts for the sale of goods over a certain amount, among others.

In situations where an oral agreement is made but the statute of frauds applies, a written document can serve to confirm and therefore enforce the terms of that agreement. This written confirmation can help provide clarity and evidentiary support, demonstrating that the parties have indeed reached an agreement.

Other options suggest that oral agreements are always unenforceable or contingent upon the agreement of both parties or notarization, which does not consider the existence of a confirming document that can fulfill the requirements of the statute of frauds. Drafting a written document that outlines the agreement is key to overcoming the statute's limitations when it comes to oral agreements.