frauds. 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 Oral contract Parol evidence rule Quia Emptores References External links Statute of Frauds definition at Contract law 1677 in law English contract law 1677 in England Corruption in the United Kingdom Fraud United States contract law de:Form (Recht)#Privatrecht