Bond and Spear orally agreed that Bond would buy a car from Spear for 475 . Bond paid Spear a 100 deposit. The next day, Spear received an offer of 575, the car's fair market value. Spear immediately notified Bond that Spear would not sell the car to Bond and returned Bond's 100 . If Bond sues Spear and Spear defends on the basis of the statute of frauds, Bond will probably:
a. Lose, because the agreement was for less than the fair market value of the car.
b. Win, because the agreement was for less than 500.
c. Lose, because the agreement was not in writing and signed by Spear.
d. Win, because Bond paid a deposit.
Question 2
New construction in a PSD area must use best available control technology (BACT).
a. True
b. False
Indicate whether the statement is true or false
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