What is a requirement for an oral contract to be enforceable in Texas?

In Texas, for an oral contract to be enforceable, it must not fall under the Statute of Frauds. The Statute of Frauds is a legal doctrine that requires certain types of contracts to be in writing and signed to be enforceable. Examples of contracts covered by this statute include those for the sale of real estate, contracts that cannot be performed within one year, and agreements to pay another person’s debt.

If an oral contract pertains to a subject matter that requires a written contract under the Statute of Frauds, it will generally be unenforceable, regardless of whether the parties believe they have a binding agreement. This principle safeguards parties by ensuring that certain significant agreements are documented, minimizing disputes about terms and obligations.

The other options do not represent necessary requirements for an oral contract's enforceability in Texas, making them less relevant in this context.