Leroy writes a letter that said,"I agree to sell to Jay 5 modern art paintings" and he signs the letter.What happens according to the code if Jay is a merchant and he receives this writing from Leroy and does not object in writing within 10 days after receiving it?

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In the above case,Jay loses his statute of fraud defense if he is a merchant and he does not object in writing within 10 days after receiving it.Leroy still must convince the court that the parties had a contract,but he is not prevented by the statute of frauds from trying to do so.The idea behind this subsection of the Code is that the natural response of a person who did not have a contract would be to object.Jay's failure to object satisfies the statute's requirement of some extra proof (beyond Leroy's oral testimony)that a contract existed.

Leroy Writes a Letter That Said,"I Agree to Sell to Jay