Will and Kendrick live in a state that requires that contracts involving transactions over $500 be in writing.If they enter a verbal agreement to buy a car for $1,500,this contract is
A) valid.
B) void.
C) voidable.
D) unenforceable.

Question

Quizplus · Accepted Answer

A) The contract is unenforceable because of the statutory requirement that contracts
over $500 be in writing to be valid.
B) The contract is unenforceable because of the statutory requirement that contracts over $500 be in writing to be valid.
C) The contract is unenforceable because of the statutory requirement that contracts over $500 be in writing to be valid.
D) The contract is unenforceable because of the statutory requirement that contracts over $500 be in writing to be valid.

Will and Kendrick Live in a State That Requires That