Emmanuel Contracts Flashcards
If a written contract for services has a clause providing that modifications have to be in writing, will oral modifications to the contract be enforceable?
Yes, the reason being the “writing only” requirement is that an oral modification implicitly means that the parties wanted to abandon the writing requirement..
UCC 2-209(2) does uphold “no oral modification” clauses
For UCC contracts, what are the exceptions where a sufficient writing is not required under the statute of frauds?
UCC 2-201 gives three exceptions if no sufficient writing exists
1. Part Performance : where seller has received and accepted payment for the goods or buyer has received goods and “accepted” them
2. Admission: of contracts existence by party to be charged
3. Specially Manufactured goods: goods that aren’t suitable for sale to others in ordinary course of seller’s business.
If there is not a satisfactory writing then is there an exception to the statute of frauds? (even if scenario falls within a category requiring a writing the lack of writing will be excused where..)
- Promissory Estoppel
- Full Performance by all parties
- Full Performance by one party (1 year contracts only)
- Part Performance: only land contracts courts may grant Specific performance on oral contract for transfer of land if buyer 1 takes possession of it 2 makes valuable improvements
- Admission in court: party to be charged admits to contracts existence