Asked by Chloe Cluchey on May 07, 2024

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Under the Uniform Commercial Code,contracts for the sale of goods must be in writing in order to be enforceable if they are priced at ________.

A) $100 or more
B) $500 or more
C) $1,000 or more
D) $1,000 or less
E) $500 or less

Uniform Commercial Code

A detailed set of ordinances dictating every commercial transaction in the United States.

Enforceable

Pertaining to a legal agreement or contract that is valid under the law and can be upheld and compelled by legal means in a court of justice.

Writing

A method of recording language through the inscription or recording of signs and symbols.

  • Discern the utilization of common law and UCC statutes in the context of sales contracts, addressing the topics of insurable interest and unconscionability.
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KF
Kimbryanna FinneyMay 14, 2024
Final Answer :
B
Explanation :
Under the Uniform Commercial Code,contracts for the sale of goods must be in writing if they are priced at $500 or more.