Lyle offers to sell Eddie his car for $1,000.Eddie shows up a day later,but Lyle refuses to deliver the car.Can Eddie enforce the contract?

Question

Quizplus · Accepted Answer

In most jurisdictions, contracts for the sale of goods over $500 are required to be in writing to be enforceable under the Statute of Frauds. As this sale was for $1,000, it is subject to this requirement, and as there is no written agreement, Eddie cannot enforce the contract.

Lyle Offers to Sell Eddie His Car for $1,000