Richard's Appliance Store, recently got into a verbal contract to mail a refrigerator to a customer in another state. The customer will pay Richard once the refrigerator is delivered to his front door. After a week, Richard decided that the cost to mail the refrigerator was not worth the revenue, and because of that he wants to breach the contract with customer. He is wondering whether there is a defense he can use that will not enforce him to comply with the contract?

Group of answer choices

Yes, because the Statute of Frauds requires the the contract to be in writing and signed., which is not.

Yes, because this contract would fall under mistake. Richard was mistaken as to the cost to deliver the refrigerator and that makes it unconscionable.

No$,$ because the contract has an Offer, Acceptance, and Consideration. Richard is now obligated to comply.

No$,$ because both parties had a mutual agreement and those types of contracts are always enforce under remedies.