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Livesay orally agreed to sell real estate to Drake. Before the closing, Livesay sold it to someone else and wrote Drake a letter apologizing for

Livesay orally agreed to sell real estate to Drake. Before the closing, Livesay sold it to someone else and wrote Drake a letter apologizing for selling it at a higher price. The letter mentioned both prices and contained an adequate reference to the real estate. When Drake sues Livesay, will the statute of frauds be an adequate defense? Why or why not?

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