Bella S.

asked • 03/21/14

Does the parties’ oral agreement fall within any exception to the Statute of Frauds?

Jason Novell, doing business as Novell Associates, hired Barbara Meade as an independent contractor. The parties orally agreed on the terms of employment, including payment of a share of the company's income to Meade, but they did not put anything in writing. Two years later, Meade quit. Novell then tol Meade tha she was entitled to $9602- 25% of the difference between the accounts payable as of Meade's last day of work. Meade disagreed and demanded more than $63500- 25% of the revenue from all invoices, less the cost of materials and outside processing, for each of the years that she had worked for Novell. Meade filed a lawsuit against Novell for breach of contract.

1 Expert Answer


Kay G. answered • 03/22/14

4.9 (34)

~20 Years Accounting Tutoring Experience

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