If Johnny made an oral contract to sell Peter his truck for $15,000, this contract must be enforced.

Name: If Johnny made an oral contract to sell Peter his truck for $15,000, this contract must be enforced.
Brand: Quizplus
Rating: 4.8 (32 reviews)

Question

Quizplus · Accepted Answer

While oral contracts are generally considered legally binding, the sale of a vehicle for $15,000 typically requires a written contract according to the Statute of Frauds. Without a written contract, it may be difficult to enforce the terms of the agreement.

If Johnny Made an Oral Contract to Sell Peter His