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Bill entered in an oral contract with Lisa pursuant to which he agreed to pay Lisa $$10,000$ per year for as long as Lisa lived. When Bill refused to pay, Lisa sued Bill for breach of their oral contract. Bill claimed that the contract was not enforceable because it fell under the Statute of Frauds $($a promise that can$$t be performed within $1$ year$)$ and was oral. Does the Statute of Frauds prevent the enforcement of this contract?

Question $1$Select one:

a$.$

Yes, but only if Lisa$$s life expectancy is greater than one year.

b$.$

No$,$ the Statute of Frauds does not apply to contracts to pay money.

c$.$

Yes, lifetime contracts can never be fully performed in $1$ year or less.

d$.$

No$,$ because Lisa could die within a year.

e$.$

Yes, the statute of Frauds prevents the enforcement of all oral contracts.