The UCC permits an oral agreement for the sale of goods to be enforced against a party who admits to the contract in court, even though the statute of frauds requires the agreement to be in writing
Indicate whether the statement is true or false
True
You might also like to view...
Which of the following consists of the days or months from the date of issue of a note to the date of its maturity?
a. rate of interest b. principal of the note c. time of the note d. discount of the note
When Bob was asked to describe Sherry, he didn't describe her based on her age or education; rather, he talked about her easy-going manner, which reflected her ________.
A. personality B. family life-cycle C. aptitude D. appearance E. household life cycle
How is marketing done via the Internet?
What will be an ideal response?
BTE Corporation has the following information available for 2011: Cash balance on 1/1/2011 $20,000 Cash balance on 12/31/2011 8,000 Net cash provided by operating activities 180,000 Net cash utilized by investing activities 160,000 The financing activity section of BTE's statement of cash flows would show:
A) net cash provided by financing activities of $32,000. B) net cash utilized by financing activities of $32,000. C) net cash utilized by financing activities of $8,000. D) net cash provided by financing activities of $8,000.