Kimberley, a merchant seller in Kansas, had an oral contract to sell goods to Jane, a merchant buyer in Memphis, for $100,000. Two days after contracting, Kimberley sends a sufficient written confirmation to Jane of the agreed-upon transaction. Jane, who has reason to know the contents of the written confirmation, fails to immediately object to the contents of the confirmation. Two weeks after receiving the written confirmation, Jane receives delivery of the goods from Kimberley, and Jane then sends an objection to the written confirmation to Kimberley. Which of the following is true of the contract between Kimberley and Jane?

A. The Statute of Frauds can be raised against the contract because a letter of objection was sent to the offeror.
B. The offer is valid as the offeree knew the contents of the confirmation and did not object within 10 days.
C. The contract is void as the offeror did not receive a letter of confirmation from the offeree for delivery.
D. The Statute of Frauds can be raised because the offeree did not sign the contract.


Answer: B

Business

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