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Question
Miriam makes an oral agreement with John to sell him 200 acres of prime farmland for a mere $500. Their agreement is:
A. enforceable in accordance with the statute of frauds.
B. covered by the statute of limitations.
C. enforceable only if promissory estoppel applies.
D. unenforceable as it lacks a writing as required by the statute of frauds.
Answer
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Related questions
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C. permits any private party to sue for an injunction to enforce any CPSC rule or order, if, at the time of the suit, the commission or the attorney general has begun an action based on the alleged violation.
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B. states that all defenses available to the purchaser against the seller can also be available against the holder in due course.
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