Under the UCC, a contract for the sale of goods valued at $500 or more ________.
A) must be in writing in order to be enforceable
B) must be on a special form
C) is considered a mixed sale
D) must be purchased by credit
E) is an irrevocable sale

Question

Quizplus · Accepted Answer

Under the Uniform Commercial Code (UCC), a contract for the sale of goods valued at $500 or more must be in writing to be enforceable. This is known as the Statute of Frauds provision within the UCC.

Under the UCC, a Contract for the Sale of Goods