Question
1.Under the UCC Statute of Frauds, a contract must be signed by the ________________ to count as being in writing.Also, the _____________ of the goods
1.Under the UCC Statute of Frauds, a contract must be signed by the ________________ to count as being "in writing."Also, the _____________ of the goods must be written.
A.party to make payments; price
B.party to make payments; quantity
C.party to be charged; price
D.party to be charged; quantity
2.Super Factory makes a proposal to Terrific Retailer to supply toy kites. After the proposal is sent out, the salesperson notices that the pricing calculation is wrong. The price is set too low. The salesperson calls Terrific and sends an email saying that Super is retracting the proposal and will send a new version the following week.
A.Terrific may accept the proposal anyway.
B.Terrific may make a counteroffer.
C.Terrific may sue for specific performance.
D.Terrific may send purchase orders based on the original proposal.
E.Terrific may not do anything because the proposal has been revoked.
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