§1624

1624 (West 2015). The writing must show what the price is and when the price is to be paid. Breckinridge v. Crocker, 21 P. 179, 181 (Cal. 1889). The letter regarding the five properties does not address anything about when repayment will occur. There is no evidence that Ms. Browne ever had any ownership interest in any ofthe properties referen

1624(a)(3) (West 2011), an agreement for the lease or sale ofreal property must be in writing and signed by the party to be charged. Respondent contends, therefore, that even if this Court finds that petitioner and Beulah Bias had an oral agreement, the oral agreement was not an enforceable contract under California law. However, as discussed

500, 502 (1974), the Supreme Court compared the "in connection" language of section 174 with the "in carrying on" language of section 1624 and established that a business need not currently produce or sell any product in order to obtain a deduction for research or experimental expenditures.