Question 34 3 pts FOXXCON is known for its simple designs, cube architecture, and hidden screws and bolts Indeed, its foundet, with the vil ha given an amazing Ted Talk presentation On January 2 2001 APPUL Computers, a retailer of computers, made business reach and entered into contract (K) with FOXXCONN to purchase goods, specifically 150 computers for its warehouse to be delivered in tople APPUL Stores as inventory Per terms, the purchase price was a total of 5250,000. In good faith, APPUL first made payment of 350 in cash to FOXXCONN APPUL then also gave FOXXCONN a negotiable instrument (here, namely promissory note) as well as security agreement. The promissory note covered the remaining balance. On March 1, 2001, the contracted good te fie computers) were duly transported using Swift truckers who delivered them to APPUL at its warehouse for inspection and later to the APPUI stores On March 10, 2001. FOXXCONN filed a Financing statement on February 1, 2001, APPUL negotiated a million dollar (51M) credit line with WELLS-FARSTOP Bank, pledged its present and future inventory as security, and gave WELLS-FARSTOP a security agreement on February 20, 2001, APPUL borrowed $100.000 that it took from its credit line with WELLS-FARSTOP On March 5, 2001, WELLS- FARSTOP filed a financing statement. 11 On April 1, 2001, BLUE, a consumer purchaser in the ordinary course of business purchased a computer from APPUL BLUE was aware of both security interests that APPUL had with FOXXCON and with WELLS-FARSTOP Question. The law of contracts that would require this contract to be in writing is (Notethis is a prerequisite question] Law of Sales Statute of Frauds Article II Common Law of Contracts Next DELL WO FS FA 1 F2 % 5 # U Esc A 3 ! T 2 w Q Tab D S B A Caps Lock X