Enforceability Of Oral Real Estate Contracts
A buyer and a seller enter into an oral contract for the sale of a house. The seller later decides to keep the property rather than sell it. Which of the following statements is true regarding this contract?
AThe contract does not fall under the Statute of Frauds.
BThe contract is not enforceable.
CThe contract is enforceable if it is evidenced in writing and signed by the seller.
DTo enforce the contract against the seller, the buyer must have signed it.
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