Baker and Able signed a contract which required Able to purchase 600 books from Baker at 90¢ per book.Subsequently,Able,in good faith,requested that the price of the books be reduced to 80¢.Under the circumstances,the oral agreement is:
A) unenforceable,because Able failed to give consideration,but proof of it will be otherwise admissible into evidence.
B) unenforceable,due to the statute of frauds,and proof of it will be inadmissible into evidence.
C) enforceable,but it is not a valid agreement.
D) enforceable,and proof of it will be admissible into evidence.
Correct Answer:
Verified
Q17: If the seller contracts to deliver goods
Q17: Under the UCC title passes to the
Q18: A sale or return contract is a
Q19: Mei issues purchase order to June for
Q19: The importance of the terms FOB and
Q23: What section of the UCC will govern
Q24: Brizon,a toy company enters into a five-year
Q25: Which article of the UCC specifically addresses
Q26: Under Article 2 of the UCC,why does
Q26: If a buyer and seller of goods
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents