Question

According to the Uniform Commercial Code (UCC), _____. Select one: a. the sale of goods between two parties is always legal b. the doctrine of promissory estoppel will always overrule a written contract c. the sale of goods costing $500 or more is not enforceable without a writing or other specified evidence d. there is no need for the formality of writing during sales transactions PREVIOUS PAGE

Answer 1

Answer:

c.

Explanation:

According to the Uniform Commercial Code (UCC) the sale of goods costing $500 or more is not enforceable without a writing or other specified evidence. This is touched upon in the statute of frauds within the UCC which is a state law that requires contracts for the sale of goods worth $500 or more to be in writing and signed by the parties in order to be enforceable, otherwise, they are not valid and cannot be used against someone in a court of law.