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 under the Uniform Commercial Code (UCC), but it may be harder to prove its existence in court. However, it is always recommended to have a written contract for transactions of this size to avoid any potential disputes.

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