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What type of contract is created by an agreement that is oral when it is required by the Statute of Frauds to be in writing?

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The type of contract created by an agreement that is oral when it is required by the statute and required in writing is: legally voidable contract.

What is a Contract?

A contract is a legal agreement that binds individuals or groups. It defines and governs the mutual rights and obligations of the parties involved.

In a Legally voidable contract, the parties involved create an agreement orally especially when it is required by the statute of fraud. Although contracts that fall outside the statute need not be in writing.

Learn more about Contracts here:

https://brainly.com/question/5746834

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