Joe entered into a contract to sell his house to Sam for $400,000. Explain under what circumstances this contract would be binding on the parties even where it was not in writing or evidenced by writing.

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The Answer of Joe entered into a contract to sell his house to Sam for $400,000. Explain under what circumstances this contract would be binding on the parties even where it was not in writing or evidenced by writing.

Joe Entered into a Contract to Sell His House to Sam