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Francois is an eccentric artist. His art can only be appreciated and understood by a gifted few. Jina'veve is one such person. Jina'veve commissions Francois

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Francois is an eccentric artist. His art can only be appreciated and understood by a gifted few. Jina'veve is one such person. Jina'veve commissions Francois to make her a piece of "modern arte povera" using only dried coconut hulls from a particular deserted island and repurposed diapers. Francois, inspired, orally quotes Jina'veve that the piece will cost $75,000 and Jina'veve orally accepts. Some time later, while Francois is half-way finished in creating this masterpiece, Jani'veve decides she wants a piece made of driftwood and used plastic straws by Valentino and wishes to cancel Francois's piece. Under UCC Art. 2, which of the following is true? a. The statue of frauds will not be an available defense under the exception of performance. b. The statute of frauds applies because the contract is for more than $500 and Jina'veve is not bound to the oral agreement. c. Because they are both merchants, the statute of frauds does not apply. d. This presents an exception to the statute of frauds because Francois's "art" is a specially manufactured good and the oral agreement is binding in this case

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