3

Footnote 3

This list is not exhaustive. For example, Restatement (Second) of Contracts notes another function, termed the "deterrent function," which seeks to "discourage transactions of doubtful utility." Restatement (Second) of Contracts § 72 comment c (1981). Professor Perillo notes earmarking of intent, clarification, managerial efficiency, publicity, education, as well as taxation and regulation as functions served by the statute of frauds. Joseph M. Perillo, The Statute of Frauds in the Light of the Functions and Dysfunctions of Form, 43 Fordham L. Rev. 39, 48-64 (1974) (hereinafter "Perillo").