An oral sales contract for goods costing $500 will be enforced

Question

Quizplus · Accepted Answer

Under the Uniform Commercial Code (UCC), an oral sales contract for goods costing $500 or more will be enforced in several specific situations: if the buyer pays for the goods in full, if the goods were specially manufactured for the buyer and cannot be sold to others in the ordinary course of the seller's business, or if the buyer has received and accepted all or part of the goods. Therefore, all of the situations listed (A, B, and C) are circumstances under which an oral sales contract for goods costing $500 will be enforced.

An Oral Sales Contract for Goods Costing $500 Will Be