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Originally Posted by the
Why?
As to the police, I agree with David. They are going to view this as a civil/business dispute and won't get involved.
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The statute of frauds is law that governs certain transactions. For example, any contract for the sale of land is required to be in writing to be enforceable. Similarly, in my state any contract involving more than $500 is required to be in writing. The idea is that substantial transactions are required to be in writing to prevent one party from committing a fraud on another.
In other words, oral contracts aren't worth the paper they're NOT written on.