[Courtroom Surprises] Alexandra agrees to sell Rishi her house for $200,000. Alexandra, Rishi, and the house are all located in Tennessee. She also orally agrees to sell her used car to Rishi for $1,000. Alexandra and Rishi discuss the fact that the house needs some repairs. Alexandra gives Rishi a key and tells him to do whatever he wants with the house. In reliance on her promise to sell the house, Rishi sells his home, gets a loan, and has a new roof put on Alexandra's house because of leaks that needed to be repaired to prevent further damage. When presented with the written agreements of sale for the home and the car, however, Alexandra refuses to sign either. Rishi sues, and the case proceeds to trial. Alexandra tells the judge in court under oath that she orally agreed to sell the house but that she changed her mind before signing and that she believes she has protection under the statute of frauds. She tells the judge that no agreement was ever made regarding the car and that she also has protection under the statute of frauds regarding that matter.
-Regarding Alexandra's statement to the judge under oath that she orally agreed to sell the house, which of the following is true?
A) The statement has no effect because of the statute of frauds.
B) The statement would be excluded from consideration as parol evidence but only because it involved an amount in excess of $5,000.
C) The judge would be estopped from considering the evidence.
D) The statement would be classified as an admission and would establish an exception to the statute of frauds involving the agreement on the house.
E) The statement would be excluded from consideration because of the collateral interest rule.
Correct Answer:
Verified
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