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Legal Concepts63) Santos told his friend Ernesto that he would sell Ernesto his car for $5,000. However, on theday of the sale, Santos refused to sell the car for the agreed-upon price and demanded moremoney. Which of the following statements is true in this context?A) Ernesto can sue Santos as their oral sales contract was binding.B) Santos has violated Section 2-201(1) of the UCC.C) The oral contract to trade a car for $5,000 is not binding, according to the UCC.D) Santos has violated Section 2A-201(1) of the UCC.

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