C is corrent. Under common law, a writing, in order to be legally sufficient to satisfy the Statute of Frauds, must identify the parties, subject matter, the essential terms and the consideration, as well as be signed by the party to be charged. However, under the UCC the writing only has to include the quantity term and be signed by the party to be charged.
A is incorrect. Under common law, a writing, in order to be legally sufficient to satisfy the Statute of Frauds, must identify the parties, subject matter, the essential terms and the consideration, as well as be signed by the party to be charged. However, under the UCC the writing only has to include the quantity term and be signed by the party to be charged.
A is incorrect. Under common law, a writing, in order to be legally sufficient to satisfy the Statute of Frauds, must identify the parties, subject matter, the essential terms and the consideration, as well as be signed by the party to be charged. However, under the UCC the writing only has to include the quantity term and be signed by the party to be charged.
D is incorrect. Under common law, a writing, in order to be legally sufficient to satisfy the Statute of Frauds, must identify the parties, subject matter, the essential terms and the consideration, as well as be signed by the party to be charged. However, under the UCC the writing only has to include the quantity term and be signed by the party to be charged.
|
