In the presence of several witnesses,A verbally agreed to purchase B's farm for $175,000.The next day,B changed his mind,and refused to sell the farm to A.On the strength of the verbal agreement of purchase and sale made in the presence of witnesses,A sued B for breach of contract and for a decree of specific performance to compel B to sell him the farm.The verbal agreement is void.

Question

Quizplus · Accepted Answer

A verbal agreement can be considered a valid contract, and the presence of witnesses can be used as evidence to support its existence. However, the sale of land must be in writing and signed by the seller in order to be enforceable under the Statute of Frauds. Therefore, the verbal agreement between A and B is not legally binding and cannot be used to compel B to sell the farm to A.

In the Presence of Several Witnesses,A Verbally Agreed to Purchase