Rough Canyon Adventures Inc. and Swampcraft Inc. enter into an oral contract for Swampcraft's sale to Rough of five rafts for $2,000 each. Before Rough takes possession of the rafts, this contract is enforceable by
A)Swampcraft only.
B)Rough only.
C)any interested third party, such as a Rough tour guide or client.
D)none of the choices.

Question

Quizplus · Accepted Answer

Under the Statute of Frauds, contracts for the sale of goods priced at $500 or more must be in writing to be enforceable. Since the contract between Rough Canyon Adventures Inc. and Swampcraft Inc. involves the sale of goods (rafts) for a total of $10,000 and is oral, it does not meet the requirements set by the Statute of Frauds and is therefore not enforceable by any party.