1. Portia and Dina entered into an oral contract in which Dina agreed to sell Lot 1 to Portia for the price of P2,000,000. It turned out that at the time Portia and Dina agreed to the sale, Dina did not own Lot 1.
2. Portia later asked Dina to hand over the lot to her, but Dina refused. Portia filed a specific enforcement action against Dina. Dina filed a motion to dismiss for not being able to be bound by the contract because it was not in writing. 
3. 
   
4. Is the sales contract valid? Explain.

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The situation revolves around the legal concept of the Statute of Frauds which is a law that require... View the full answer