Ricardo and Miriam Entered into an Oral Agreement That Ricardo

Multiple Choice

Ricardo and Miriam entered into an oral agreement that Ricardo will sell Miriam's company the land on which to build a shopping center for $100,000,000. The agreement:

A) Is a valid contract because there is genuine assent.
B) Is a valid contract because it is supported by consideration.
C) Is a valid contact because it is not for illegal purposes.
D) Is a valid contract because it is between competent parties.
E) Is not a valid contract because it violates the Statute of Frauds.