According to the Uniform Commercial Code (UCC), oral contracts for Blank______ are enforceable even if they would ordinarily have to be in writing.Multiple choice question.necessariesedible goodscustomized goodspharmaceuticals or medical devices
Question
According to the Uniform Commercial Code (UCC), oral contracts for Blank______ are enforceable even if they would ordinarily have to be in writing.Multiple choice question.necessariesedible goodscustomized goodspharmaceuticals or medical devices
Solution
The correct answer is "customized goods". According to the Uniform Commercial Code (UCC), oral contracts for customized goods are enforceable even if they would ordinarily have to be in writing. This is because these goods are specifically made for the individual and cannot be resold to others.
Similar Questions
According to the Uniform Commercial Code (UCC), which of the following contracts is enforceable even if it is an oral contract?Multiple choice question.When a consumer sells goods to a merchantWhen a merchant sells goods to another merchantWhen a consumer sells goods to another consumerWhen a merchant sells goods to a consumer
The Uniform Commercial Code (UCC) recognizes an exception to the statute of frauds when parties admit that a sales or lease contract was made. This means that if there was an oral agreement for the sale or lease of goods and the defendant were to admit the parties had a contract between them, Blank______.Multiple choice question.the statute of limitations can be used successfully to enforce the oral contractthe contract is considered fraudulentthe contract is nevertheless void since it is not in writingthe defendant could not use the statute of frauds to prevent enforcement of the oral contract
Under the Uniform Commercial Code (UCC), contracts for the sale or lease of goods may also be formed even though some terms of the contract: Blank______.Multiple choice question.are left openare made in bad faithare required by lawmay run contrary to law
Under the Uniform Commercial Code (UCC), an acceptance may be made: Blank______.Multiple choice question.by any reasonable means of communicationonly in writingby any method or manner of communicationonly in writing, with the signature of the offeree witnessed and acknowledged by a notary public
Unlike the statute of frauds, the Uniform Commercial Code (UCC) admission exception provides that a contract required to be in writing but admitted to in court will Blank______.Multiple choice question.be enforceable only for the quantity admittedbe enforceable in its entirety not be enforceable unless fully admittednot be partially enforceable
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