Editing Contracts/Statute of frauds
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With respect to [[security (finance)|securities]] transactions, the Uniform Commercial Code has abrogated the statute of frauds.<ref>{{UCC|8|319}}</ref> The drafters of the most recent revision commented that "with the increasing use of electronic means of communication, the statute of frauds is unsuited to the realities of the securities business." | With respect to [[security (finance)|securities]] transactions, the Uniform Commercial Code has abrogated the statute of frauds.<ref>{{UCC|8|319}}</ref> The drafters of the most recent revision commented that "with the increasing use of electronic means of communication, the statute of frauds is unsuited to the realities of the securities business." | ||
==See also== | ==See also== |