Which of the following is true regarding Wilma's statement to the judge under oath that she orally agreed to sell the house?
A) The statement has no effect because of the statute of frauds.
B) The statement would be excluded from consideration as parol evidence but only because it involved an amount in excess of $5,000.
C) The judge would be estopped from considering the evidence.
D) The statement would be classified as an admission and would establish an exception to the statute of frauds involving the agreement on the house.
E) The statement would be excluded from consideration because of the collateral interest rule.

Question

Quizplus · Accepted Answer

An admission is a statement made in court, under oath, or at some stage during a legal proceeding in which a party against whom charges have been brought admits that an oral contract existed, even though the contract was required to be in writing. All states except Louisiana and California allow the admission exception to the statute of frauds.

Which of the Following Is True Regarding Wilma's Statement to the Judge