Act for the Prevention of Frauds

Act for the Prevention of Frauds

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Act for the Prevention of Frauds

The Act for the Prevention of Frauds and Perjuries was an English law established in 1677 in order to prevent perjuries in regards to legal contracts and agreements. It is from the Act for the Prevention of Frauds and Perjuries that the Statute of Frauds was taken.

The Statute of Frauds is a legal policy that requires certain contracts to be created in written form. Unlike many agreements, these specified contracts are not legally binding unless a written contract is created to regulate and govern these agreements.

Many agreements are covered under the Statute of Frauds, including contracts related to marriages and real estate transactions. This policy, which was initially detailed in the Act for the Prevention of Frauds and Perjuries, continues to be used in many locations today. In the United States, certain agreements cannot be considered legally binding unless they are accompanied by a written contract.
 

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