Timber, Inc., and United Corporation enter into an oral contract for a sale of a lumber mill. Under the Statute of Frauds, before United takes possession, this contract is enforceable by

Question

Quizplus · Accepted Answer

The Statute of Frauds requires that contracts for the sale of real property must be in writing to be enforceable. A lumber mill would be considered real property, and an oral contract for its sale would not be enforceable by either party. Therefore, the answer is B - neither party.