Seller orally agrees to sell his laptop to buyer for 600, Financial Accounting

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Seller orally agrees to sell his laptop to buyer for 600

Seller orally agrees to sell his laptop to Buyer for $600. Buyer tenders the purchase price but Seller asserts the Statute of Frauds and refuses to sell the laptop to Buyer. a. Seller is bound to the agreement because it is an oral contract b. Seller is bound to the agreement because he admitted the contract to buyer c. Seller is not bound because the agreement must be in writing to be enforceable d. Seller is not bound because he is not a merchant

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Financial Accounting: Seller orally agrees to sell his laptop to buyer for 600

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