Dixie May enters into a contract to buy one hundred pounds of pecans from Margaret.The contract must be in writing if the pecans cost
A)$100.
B)$150.
C)$250.
D)$500.

Question

Quizplus · Accepted Answer

According to the Statute of Frauds, contracts for the sale of goods of $500 or more must be in writing to be enforceable. Therefore, if the pecans cost $500 or more, the contract must be in writing. Choice D is the only option that satisfies this requirement.

Dixie May Enters into a Contract to Buy One Hundred