Lucy and Haley own a vast amount of land in Blacksburg. Virginia. On the property is a diamond mine. You know what their motto is: "Diamonds ARE a girl's best friend." Also, in their spare time, they grow grapes. You know what their other motto is: "Fruit on the vine, there's plenty of wine." Josh contracts with Lucy and Haley to sever/mine the diamonds for six months at $500 per pound of diamonds mined, which is the fair market rate. Jake agrees with Lucy and Haley to buy their grapes for his wine company, "Tres Cheap." O Josh's contract with Haley and Lucy is governed by the UCC and Jake's contract is governed by Common Law. Josh's contract with Haley and Lucy is governed by Common Law and Jake's contract is governed by the UCC. Josh's contract nor Jake's contract with Haley and Lucy is governed by the UCC. Josh's contract and Jake's contract are governed by Common Law. Both contracts are illegal, void, because they do not meet the requirements of Hamer v. Sidway. Jake's contract and Josh's contract Lucy and Haley are governed by the UCC. 4