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TireCo manufactures bicycle tires. BikeCo manufactures hi gh-end bicycles for professional racers. The president of BikeCo met with the head of TireCo, and the two

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TireCo manufactures bicycle tires. BikeCo manufactures hi gh-end bicycles for professional racers. The president of BikeCo met with the head of TireCo, and the two parties agreed that TireCo would design and manufacture the tires for a new experimental bicycle that BikeCo planned to build. The tires were of a unique size and shape and only t the BikeCo's experimental racing bicycle. After a prototype tire had been designed, BikeCo's president called the head of TireCo and ordered 1,000 sets of the tires at an agreed upon price of $100,000. TireCo manufactured 500 sets of the tires. BikeCo's president then called the head of TireCo and told him that he was halting manufacture of the new bicycle because he found out that professional racing rules restricted the overall size of bicycle tires. BikeCo's president refused to pay for any of the tires TireCo had manufactured. TireCo is unable to sell the tires to any other party since the tires do not t any other type of bicycle. TireCo sues BikeCo for breach of contract. As a defense, BikeCo asserts the statute of frauds. What would be TireCo's best response to the statute of frauds defense

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