Kimberley,a merchant-seller in Kansas,had an oral contract to sell goods to Jane,a merchant-buyer in Memphis for $100,000.Two days after contracting,Kimberley sends a sufficient written confirmation of the agreed-upon transaction to Jane.Jane,who has reason to know the contents of the written confirmation,fails to object to the contents of the confirmation immediately.Two weeks after receiving the written confirmation,Jane receives a delivery of the goods from Kimberley.Jane immediately sends an objection to the confirmation to Kimberley.Which of the following is true of the contract between Kimberley and Jane?

Question

Quizplus · Accepted Answer

In this case, Kimberley sent a sufficient written confirmation of the contract to Jane, and Jane failed to object to its contents immediately even though she had reason to know them. According to the UCC, Section 2-207(1), the confirmation then operated as a contract between the parties. As a result, the offer is valid because Jane knew the contents of the confirmation and did not object within 10 days. The Statute of Frauds cannot be raised against the contract because it was evidenced by a written confirmation sent by Kimberley to Jane.

Kimberley,a Merchant-Seller in Kansas,had an Oral Contract to Sell Goods