Under the UCC,the Statute of Frauds Requires That Certain Contracts

question 77

True/False

Under the UCC,the Statute of Frauds requires that certain contracts be typed on a computer in order to be enforceable.

---

Definitions:

Derivatives Market

A market where financial instruments such as futures, options, and swaps are traded, whose value is derived from the value of an underlying asset.

Tertiary Market

A smaller and less accessible segment of the financial market where lesser-known securities are traded.

Financial Manager

A professional responsible for the financial health of a corporation, overseeing investment strategies, financial reporting, budgeting, and analysis to support executive decision-making.

Corporation's Bonds

Long-term debt securities issued by corporations to raise funds, typically with fixed interest rates.