Asked by Nichole Stone on May 26, 2024
Verified
A memorandum for the sale of goods that does not indicate the ________ of goods to be sold will not satisfy the UCC's writing requirement.
A) quality
B) quantity
C) delivery
D) cost
UCC's Writing
Refers to the requirement under the Uniform Commercial Code that certain contracts, to be enforceable, must be in writing.
Quantity
A measurable amount or the total number, volume, or extent of something.
Quality
Quality refers to the inherent or distinctive characteristics or properties of a product or service that determine its perceived value and reliability by the consumer.
- Acquire knowledge on the necessary provisions for a memorandum to conform to the statute of frauds in accordance with the Uniform Commercial Code (UCC).
Verified Answer
AK
Alaiin KanyiindaMay 30, 2024
Final Answer :
B
Explanation :
According to the UCC,a memorandum on the sale of goods may omit or incorrectly state certain terms and yet be enforceable.However,the memorandum is not enforceable for more than the quantity of goods stated in it.Thus,a writing that does not indicate the quantity of goods to be sold would not satisfy the Code's writing requirement.
Learning Objectives
- Acquire knowledge on the necessary provisions for a memorandum to conform to the statute of frauds in accordance with the Uniform Commercial Code (UCC).