Harold makes an oral agreement to purchase Tina's boat for $700.Under the UCC:

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A statute of frauds essentially says that in some cases,the law will require more evidence (a writing)that the parties had an agreement than the oral testimony of the party claiming that a contract existed.The Uniform Commercial Code states that contracts for the sale of goods costing $500 or more are not enforceable without a writing or other specified evidence.

Harold Makes an Oral Agreement to Purchase Tina's Boat for $700.Under