Question

Henry orally contracts with Faith to write special accounting software that usually takes three years to complete. What is the legal status of this agreement?

A. It is enforceable because Henry cannot complete writing the software within a year.

B. It is unenforceable since the contract is not written and signed.

C. It is enforceable, but only to the extent of work Henry completes within the first year of the contract.

D. It is unenforceable since the contract involves a tangible work product.

Answer

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