Under the UCCs Statute of Frauds, sale-of-goods contracts for $500 or more must be in writing to
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Under the UCC’s Statute of Frauds, sale-of-goods contracts for $500 or more must be in writing to be valid. But since Article 2 only covers sale-of=goods contracts, agreements to sell services are not subject to the rule. Should the common law change so that all contracts valued at $500 or more have a writing requirement, or would that place an undue burden on business?
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Introduction To Business Law
ISBN: 9781337404341
6th Edition
Authors: Jeffrey F. Beatty, Susan S. Samuelson, Patricia Abril
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