Asked by
Prashant gupta
on Nov 27, 2024
Verified
An oral promise to sell certain real property is enforceable without more, but the actual sale must be in writing to be enforceable.
Oral Promise
A commitment or agreement conveyed through spoken words rather than in written form, which may or may not be legally binding.
Real Property
Land and any structures affixed to it, including rights associated with ownership of the land and its buildings.
- Familiarize oneself with the critical significance and basic conditions mandated by the Statute of Frauds in contract law.
- Determine the varieties of contracts regulated under the Statute of Frauds.
Verified Answer
MR
Learning Objectives
- Familiarize oneself with the critical significance and basic conditions mandated by the Statute of Frauds in contract law.
- Determine the varieties of contracts regulated under the Statute of Frauds.