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On December 1, Gem orally contracted with Mason for Mason to manage Gem’s restaurant for one year starting the following January 1. They agreed that Gem would pay Mason $40,000 and that Mason would be allowed to continue to work for Gem if “everything worked out.” On June 1, Mason quit to take a better paying job, alleging that the contract violated the Statute of Frauds. What will be the outcome of a suit by Gem for breach of contract? A. Gem will win because the contract was for services, not goods. B. Gem will win because the contract was executory. C. Gem will lose because the contract could not be performed within one year. D. Gem will lose because the contract required payment of more than $500. |