Asked by Jazmin Chacon on May 03, 2024
Verified
Which of the following is needed in order to satisfy the Uniform Commercial Code's requirement for a written document?
A) The contract or memorandum needs only to state the price of the goods.
B) The contract or memorandum needs only to state the quality of the goods.
C) The contract or memorandum needs only to state the quantity of goods to be sold.
D) The contract or memorandum needs to state the price of the goods and the quality of the goods,but not the quantity to be sold.
E) The contract or memorandum needs to state the price of the goods,the quality of the goods,and the quantity of goods to be sold.
Uniform Commercial Code
A comprehensive set of laws governing all commercial transactions in the United States, intended to standardize and harmonize the law of sales and other commercial transactions across the country.
Written Document
A piece of written, printed, or digital matter that provides information or evidence.
Quantity of Goods
The specific amount or number of items being bought, sold, or produced.
- Elucidate the importance of the Uniform Commercial Code (UCC) concerning the stipulations of contracts.
Verified Answer
Learning Objectives
- Elucidate the importance of the Uniform Commercial Code (UCC) concerning the stipulations of contracts.
Related questions
Which of the Following May Constitute a Writing Under the ...
Oral Contracts for ________ Goods Are Enforceable Even If They ...
The Uniform Commercial Code Gives the Contracting Parties Very Little ...
Because the Convention on Contracts for the International Sale of ...
To Satisfy the UCC's Statute of Frauds, a Writing Evidencing ...