Patrick Owned an Acre of Land Which Was Being Divided

True/False

Patrick owned an acre of land which was being divided into building lots.Nancy was interested in purchasing the corner lot.In a signed writing,Patrick stated,"I will sell Nancy Grimes a lot on Route 70 for $5,500 cash,payable on April 30,2012." This writing is sufficient under the Statute of Frauds to make the contract enforceable.