SOF Flashcards
1
Q
Goods
A
Governed by the UCC
1. Writing required for $500 or more
2. Writing doesn’t need every single term but quantity is needed
- Between two merchants ?
- if yes 10-day memo rule could apply
- other merchant has ten days to object to the writing
2
Q
UCC exception to statute of frauds
A
- Goods for which payment has been made and accepted or which have been received and accepted
- Good are specially manufactured for the buyer and are not suitable for sale to others
- Admits in pleading, testimony or otherwise in court that a K was made