According to the Statute of Frauds,all contracts for the sale of goods costing $500 or more must be in writing.

Name: According to the Statute of Frauds,all contracts for the sale of goods costing $500 or more must be in writing.
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This is one of the requirements under the Statute of Frauds, which was enacted to prevent fraud and misunderstandings in certain types of contracts, including contracts for the sale of goods over a certain dollar amount.

According to the Statute of Frauds,all Contracts for the Sale