An oral sales or lease contract that should otherwise be in writing is enforceable to the extent to which the goods have been received and accepted by the buyer or lessee.

Question

Quizplus · Accepted Answer

According to the Uniform Commercial Code (UCC), an oral sales or lease contract can be enforceable if the buyer or lessee has received and accepted the goods, even if the contract was not in writing. However, it is always recommended to have important agreements in writing to avoid misunderstandings or disputes.

An Oral Sales or Lease Contract That Should Otherwise Be