Question

American Paper, Inc. enters into a contract to purchase all of the trees currently growing on a 500 acre tract of land. They will be cutting the trees down, shipping them to a mill and processing them into paper.
A.The contract may be oral because living trees are not goods under the statute of frauds.
B.The contract may be oral if it can be completed within one year.
C.The contract may oral because they are not buying the land itself.
D.The contract must be in writing because purchasing the attached trees is considered a contract for an interest in real property.

Answer

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