Under the written confirmation rule,the Statute of Frauds writing requirement can be satisfied if ________.
A) a party to receive a confirmation does not know of its content
B) a party that receives the confirmation, signs it, and sends it back to the other merchant within a reasonable time
C) a merchant does not give written notice of an objection to the contract within 10 days after receiving a confirmation
D) none of the parties to an agreement sends a written confirmation

Question

Quizplus · Accepted Answer

Under the Uniform Commercial Code (UCC), specifically in the context of transactions between merchants, the written confirmation rule allows a contract to be enforceable under the Statute of Frauds if one merchant sends a written confirmation of the agreement to the other, and the receiving party does not object in writing within 10 days. This rule is designed to facilitate commerce among businesses by allowing them to rely on written confirmations as evidence of a contract, even if the original agreement was not in writing.

Under the Written Confirmation Rule,the Statute of Frauds Writing Requirement