Are oral contracts enforceable in Texas?

In Texas, oral contracts are generally enforceable unless there is a statute that explicitly requires a particular type of contract to be in writing. This principle is rooted in the common law governing contract law, which recognizes that parties can form binding agreements verbally, provided there is mutual consent and consideration. However, certain categories of contracts, like those involving the sale of real estate or contracts that cannot be performed within one year, do indeed need to be in written form to be enforceable under the Statute of Frauds.

This understanding distinguishes the options. While some might suggest that oral contracts have limitations or must meet specific criteria, the core principle is that they are valid unless the law dictates otherwise. Thus, the answer highlights the importance of knowing statutory requirements for specific contracts rather than suggesting a blanket prohibition or arbitrary value limits on enforceability.