Which of the following is not a requirement of the statute of frauds provision of Article 2 of the UCC?
A) Some writing or record that indicates a contract has been made
B) Signature of the party against whom enforcement is sought
C) A term specifying quantity
D) A term specifying price

Question

Quizplus · Accepted Answer

A term specifying price is not a requirement of the statute of frauds provision of Article 2 of the UCC. However, a term specifying quantity is a requirement. The provision also requires the presence of some writing or record that indicates a contract has been made, and the signature of the party against whom enforcement is sought.

Which of the Following Is Not a Requirement of the Statute