Contract in entirety despite the statute of frauds


Greed Co. telephoned Stieb Co. and ordered 30 tables at $100 each. Green agreed to pay 15% immediately and the balance within thirty days, after the receipt of the entire shipment. Greed forwarded a check for $450 and Stieb shipped 15 tables the next day, intending to ship the balance by the end of the week. Greed decided that the contract was a bad bargain and repudiated it, asserting the statute of frauds. Stieb sued Greed. Which of the following will allow Stieb to enforce the contract in its entirety despite the statute of frauds?

1) Steib shipped 15 tables.

2) Greed paid 15% down.

3) The contract is not within the requirements of the statute of frauds.

4) Greed admitted in court that it made the contract in question.

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Business Management: Contract in entirety despite the statute of frauds
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