What is the result if parties agree to a contract orally, but it is a contract that must be in writing under the statute of frauds?

	a.	The contract is a voidable contract from which either party can exit.
	b.	The parties may proceed with the contract, and if one party does not perform the courts will enforce the terms of the contract against the other party.
	c.	The contract is illegal.
	d.	The contract is void