Sam orally agrees to buy Bill's car for $3,000 and promises to pay
in ten days. Five days later, Bill sells the car to Alex. Sam finds out and sues Bill for breach of contract.
(a) Sam will win, because he and Bill had an enforceable contract.
(b) Bill will win, because his performance was discharged by force majeure.
(c) Sam will lose because of the Statute of Frauds.
(d) Bill will lose because the subject matter of a contract must be legal for the contract to be enforceable.
(e) The court will order Sam and Bill to submit their dispute to binding arbitration
In this case, (c) Sam will lose because of the Statute of Frauds Explanation: When we consider this type of contract, it is...