Explain when a writing is required under the UCC for a contract for the sale of goods and what is needed in that writing. Identify three exceptions to the requirement of a writing or record for the sale of goods

Answer 1

The UCC statute of frauds provides that a contract for the sale of goods costing $500 or more is not enforceable unless there is some writing or record sufficient to evidence the existence of a contract between the parties. (Other statutes have given full effect to contracts formed by electronic records and signatures.) The Code requires a writing or record sufficient to indicate that a contract has been made between the parties, signed by the party against whom enforcement is sought or her authorized agent or broker, and including a term specifying the quantity of goods to be exchanged. Exceptions to the writing requirement include: an admission in court that a contract was made, special manufacture of goods that would not be readily marketable in the ordinary course of the seller's business, and delivery and acceptance of the goods or payment and acceptance of the price.