Under Article 2's statute of frauds, the basic rule is that a contract for the sale of goods priced at $5000 or more is not enforceable unless it is in writing and signed by the party against whom enforcement is sought

a. True
b. False
Indicate whether the statement is true or false


False

Business

You might also like to view...

In the aggregate demand-aggregate supply model, everything else remaining unchanged, an increase in taxes causes the ____ curve to shift ____.

A. short-run aggregate-supply; right B. short-run aggregate-supply; left C. aggregate-demand; left D. aggregate-demand; right

Business

Which one of the following is not a contra account?

a. Accumulated Depreciation b. Sales Discounts c. Transportation-in d. Purchase Returns and Allowances

Business

In path goal theory, employees seek less autonomy in less difficult tasks.

a. True b. False

Business

Which era brought the formation of what remains the largest public relations professional association—the Public Relations Society of America (PRSA)?

A. Seedbed Era D. Roosevelt Era B. World War I E. Postwar Era C. Booming Twenties Era

Business