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Wade and Jessi Have an Oral Contract to Buy and Sell

Question 71

Multiple Choice

Wade and Jessi have an oral contract to buy and sell Wade's car for $15,000. After Jessi has paid the money and received possession and title to the car, she is having second thoughts about buying the car.


A) The statute of frauds will give Jessi a defense.
B) The statute of frauds will not give Jessi a defense.
C) The UCC's statute of frauds will give Jessi a defense.
D) There is sufficient writing here; the statute of frauds does not apply.

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