Which of the following is true regarding the UCC's Statute of Frauds?
A) The writing involved must be typed,not handwritten.
B) The writing must be signed by the party to be charged,not necessarily by all parties.
C) Any warranties must be included in the writing in order to be enforceable.
D) The UCC's requirements regarding a writing are strict and place significant burdens on the parties in regard to adequately including all terms of the agreement in the writing.

Question

Quizplus · Accepted Answer

The UCC's Statute of Frauds requires that certain contracts, such as those for the sale of goods priced at $500 or more, must be in writing in order to be enforceable. The writing must be signed by the party to be charged, which means the party against whom enforcement is sought must have signed the writing. It does not necessarily require all parties to sign. The writing can be handwritten or typed, and there is no requirement that warranties be included in the writing. While the UCC does require a writing, it is not overly burdensome and does not require all terms to be included.

Which of the Following Is True Regarding the UCC's Statute