A contract for the sale of shares must be evidenced in writing and include the price and quantity of the securities.

Name: A contract for the sale of shares must be evidenced in writing and include the price and quantity of the securities.
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According to the Statute of Frauds, contracts for the sale of securities (including shares) must be in writing and signed by the party against whom enforcement is sought. Additionally, the contract must include the quantity and price of the securities being sold.

A Contract for the Sale of Shares Must Be Evidenced