Little's Video Store and Major TV Sales Corporation enter into an oral contract for Major's sale to Little's of eighteen DVD players for $80 each.After Little's takes possession of the players,but before it makes payment,this contract is

Question

Quizplus · Accepted Answer

While a contract for the sale of goods for $500 or more typically requires a written agreement in order to be enforceable under the Statute of Frauds, it appears that this contract is already partially performed (Little's has taken possession of the DVD players), which would take it outside the scope of the Statute. As a result, the contract is likely enforceable regardless of whether it was oral or in writing.

Little's Video Store and Major TV Sales Corporation Enter into an Oral