IL Bar Practice Questions - Illinois Bar Examination Exam

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A buyer and seller orally agree to the sale of goods for $600. The seller delivers and the buyer accepts and pays for the goods. The buyer later argues the contract is unenforceable under the Statute of Frauds. Is the buyer correct?

No, because the contract has been performed by acceptance and payment, satisfying an exception to the Statute of Frauds Yes, because a contract for the sale of goods for $500 or more must be in writing Yes, because oral contracts are never enforceable for goods No, because the Statute of Frauds does not apply to the sale of goods

Correct Answer:

No, because the contract has been performed by acceptance and payment, satisfying an exception to the Statute of Frauds

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