Which of the following is true regarding Wilma's statement to the judge that the agreement to sell the car was covered by the statute of frauds?
A) She was correct.
B) She was incorrect because while the UCC has a provision regarding writings for the sale of certain goods, that provision is not a part of the statute of frauds.
C) She was incorrect because the statute of frauds provision involving the sale of goods only applies to goods costing over $1,500.
D) She was incorrect because the statute of frauds provision involving the sale of goods only applies to goods costing over $2,000.
E) She was incorrect because the statute of frauds provision involving the sale of goods only applies to goods costing over $5,000.

Question

Quizplus · Accepted Answer

Although required to be in writing under the Uniform Commercial Code (UCC), and not the statute of frauds, contracts for the sale of goods totaling more than $500 should be recorded in a written contract or memorandum.

Which of the Following Is True Regarding Wilma's Statement to the Judge