Ricardo and Miriam Entered into an Oral Agreement That Ricardo

Ricardo and Miriam entered into an oral agreement that Ricardo will sell Miriam's company the land on which to build a shopping center for $100,000,000. The agreement:

A) Is a valid contract because there is genuine assent.
B) Is a valid contract because it is supported by consideration.
C) Is a valid contact because it is not for illegal purposes.
D) Is a valid contract because it is between competent parties.
E) Is not a valid contract because it violates the Statute of Frauds.