On June $1,2024,$ Paul, a plumber, and Lana, a building owner, enter into a verbal agreement for

the installation of new pipes in Lana's building. The agreement provides that Paul will be paid

$$175,000$ for his services, which must be completed by September $1,2024.$

Which of the following statements is most accurate?

This contract falls within the statute of frauds and thus does not need a signed writing to be

legally enforceable.

This contract falls outside of the statute of frauds, so it needs a signed writing to be legally

enforceable.

This contract falls within the statute of frauds and must be in a signed writing to be legally

enforceable.

This contract falls outside of the statute of frauds, and so it does not need a signed writing to be

legally enforceable.