When are oral contracts enforceable in Georgia?

In Georgia, oral contracts are generally enforceable unless they fall under the Statute of Frauds. The Statute of Frauds requires certain types of contracts to be in writing in order to be enforceable, such as contracts involving the sale of real estate, agreements that cannot be performed within one year, and contracts for the sale of goods priced at $500 or more. This means that while many contracts can be made orally and will have legal effect, some specific categories of contracts must be documented in writing to be enforceable in a court of law. Thus, the correct answer reflects the general principle that oral contracts are valid unless specifically limited by statutory requirements.