iSharp,Inc.,and Jenene,the owner of a Kitchen Time shop,orally agree to a sale of knives and other utensils for $12,000.Jenene gives iSharp a check for $4,000 as a partial payment.This contract is
A)enforceable to the extent of $4,000.
B)fully enforceable because it is for specially selected goods.
C)fully enforceable because it is oral.
D)not enforceable.

Question

Quizplus · Accepted Answer

The contract is only enforceable to the extent of the partial payment made by Jenene, which is $4,000. This is because the Statute of Frauds requires contracts for the sale of goods over $500 to be in writing, and since this agreement is for $12,000 and is only oral, it is not fully enforceable. However, the partial payment made by Jenene could create a valid contract for that amount.

ISharp,Inc