Which of the following is an exception to the statute-of-frauds requirement that sale-of-goods contracts be in writing?
A) a contract involving goods that are worth at least $500
B) a contract involving the sale of land
C) a contract for goods for which payment has been made
D) a contract for a service that lasts for 5 years
E) a collateral promise to pay another's debt

Question

Quizplus · Accepted Answer

An exception to the statute-of-frauds requirement that sale-of-goods contracts be in writing is contract for goods for which payment has been made and accepted or that have been received and accepted.

Which of the Following Is an Exception to the Statute-Of-Frauds