BUSINESS LAW -Both parties are adults, the contract is oral, and the painting

Both parties are adults, the contract is oral, and the painting is still in progress. Corelli pays Shelley the $2,500 in return for her promise to deliver the painting to his home when it is finished. A week later, after Shelley finishes the painting, a visitor to her gallery offers her $3,500 for it. Shelley sells the painting to the visitor and sends Corelli a signed letter explaining that she is “canceling” their contract for the Moonrise painting. Corelli sues Shelley to enforce the contract. Is the contract enforceable? Explain.

 

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