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A is corrent. The Statute of Frauds requires that a contract for the sale of goods for $500 or more be in writing in order to be enforceable. In this situation, since the agreed upon price was less than $500, the oral agreement is enforceable and Bond will probably win.
B is incorrect. According to the Statute of Frauds, a contract for the sale of goods for less than $500 need not be in writing in order to be enforceable.
C is incorrect. The Statute of Frauds does not require consideration to be fair and adequate.
D is incorrect. The fact that Bond paid a deposit would not automatically make the contract enforceable. If the agreed upon price had been $500 or more, the contract would not have been enforceable.