Which of the following is false with regard to a contract for the sale of land?

An act of part performance is not enforced by the courts as evidence of the contract in place of a written memorandum.

The contract must set out the consideration to be given it$.$

The contract must include the name of the parties.

The contract must include an adequate description of the subject matter $($the land$).$

An act of part performance may be enforced by the courts as sufficient evidence.