Which of the following is not a requirement of the statute of frauds provision of Article 2 of the UCC?
A) Some writing or record that indicates a contract has been made
B) Signature of the party against whom enforcement is sought
C) A term specifying quantity
D) A term specifying price
D
You might also like to view...
Every time you visit a Web site, information about you is collected by that and can be ultimately used to target specific messages. Some of this information is collected by what is called a:
A) javascript. B) cache. C) cookie. D) html.
A run-to-run control is an example of an output control
Indicate whether the statement is true or false
Bonds with a face amount $1,000,000, are sold at 98. The entry to record the issuance is
A) Cash 1,000,000 Premium on Bonds Payable 20,000Bonds Payable 980,000 B) Cash 980,000Premium on Bonds Payable 20,000Bonds Payable 1,000,000 C) Cash 980,000Discount on Bonds Payable 20,000Bonds Payable 1,000,000 D) Cash 980,000Bonds Payable 980,000
Underapplied overhead occurs when the actual overhead costs incurred during a period are greater than the overhead costs applied during the period.
Answer the following statement true (T) or false (F)