iane orally sold a ringlight to Ms. V and both agreed that the delivery of the ringlight will be made 13 months after their agreement. Is the contract

CONCEPTS IN FED.TAX.,2020-W/ACCESS
20th Edition
ISBN:9780357110362
Author:Murphy
Publisher:Murphy
Chapter2: Income Tax Concepts
Section: Chapter Questions
Problem 68IIP
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Ms. Diane orally sold a ringlight to Ms. V and both agreed that the delivery of the ringlight will be made 13 months after their agreement. Is the contract valid? Explain.

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