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Statue of frauds says that certain contracts must be in writing to be enforceable by the court of law. A verbal agreement would not hold up in court. Goods worth more than $500, obviously the car is, must be in writing to be enforceable. You also need the signature of the party who is backing out (breaking the contract) to be enforceable. No contract has been formed. Sorry this happened to you djwishbone, cant do much here. I hope he refunds you the ticket at least.
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