An oral contract for a sale of goods for more than $5,000 is not enforceable even if the parties to it admit to its existence in court.

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An oral contract for a sale of goods for more than $5,000 is enforceable, but it may be difficult to prove in court without written evidence. The Statute of Frauds requires written evidence for contracts of that value, but there are exceptions, such as if the goods have been accepted or if the contract has been partly performed. Admission of the existence of the contract in court can also be used as evidence to enforce the contract.

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