Which of the following promises does not have to be evidenced by a writing or electronic record in order to be enforceable?
A) Jones's agreement with Smith to sell his condominium for $100,000.
B) Stewart's promise to work for Austin for a two-year period.
C) Dad's promise to the credit union that he will make payments on his son's truck.
D) Mindy's agreement with Susan to buy her bike for $400.

Question

Quizplus · Accepted Answer

An agreement to buy a bike for $400 does not need to be in writing to be enforceable because it falls under the Uniform Commercial Code (UCC) for the sale of goods, which only requires a writing for sales of goods priced at $500 or more.

Which of the Following Promises Does Not Have to Be