True or False: An oral contract for a used jet ski priced at $750 is enforceable in a court.

An oral contract for a used jet ski priced at $750 is generally enforceable in a court because it falls under the threshold of the Statute of Frauds, which typically requires written contracts for the sale of goods priced at $500 or more. Since the price of the jet ski is $750, it must be in writing to be enforceable.

This rule is based on the understanding that certain types of contracts, particularly those involving the sale of goods above a specific monetary threshold, require written documentation to avoid misunderstandings and fraud. Oral contracts may still be valid in many cases, but for goods that exceed this threshold, they would generally not be enforceable without a written agreement.

Thus, the assertion that the oral contract is enforceable is false, as it does not meet the requirements of the Statute of Frauds.