[Solved] Mark Entered into an Oral Agreement to Sell Some Land

Question 17
True False

Mark entered into an oral agreement to sell some land to David. Both sides voluntarily agreed to the transaction, both sides provided consideration, and both had the legal capacity to enter into a contract. The sale was for a legal purchase. Under the statute of frauds, this agreement meets all of the conditions necessary for a valid contract for the sale of the land.

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