C is corrent because under common law, which applies to the sale of real property, the modification of an existing contract must be supported by consideration. Under the UCC, however, a contract for the sale of goods may be modified either orally or in writing without consideration.
A is incorrect because under the UCC a contract for the sale of goods may be modified either orally or in writing without consideration.
B is incorrect because under the UCC a contract for the sale of goods may be modified either orally or in writing without consideration. Furthermore, a merchant’s firm offer under the UCC does not require consideration.
D is incorrect because a contract entered into by a minor is voidable by that minor. The minor may ratify the contract within a reasonable time after reaching the age of majority, and no consideration is required to support such a ratification.
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