A Contract Which Does Not Satisfy the Writing Requirement of the Article

question 49

Multiple Choice

A contract which does not satisfy the writing requirement of the Article 2 statute of frauds,but which is otherwise valid,is enforceable in which of the following situations?

• A) Where the goods have been delivered and accepted
• B) Where payment has been accepted
• C) Where the goods have been specially manufactured and are not suitable for resale in the ordinary course of business
• D) All of these are situations where the contract would be enforceable.

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Definitions:

Proctor and Gamble

Procter & Gamble is a multinational consumer goods corporation specializing in a wide range of personal health/consumer health, and personal care and hygiene products; these products are organized into several segments, including Beauty, Grooming, Health Care, Fabric & Home Care, and Baby, Feminine, & Family Care.

Virtual Company

A business that operates online and does not have a traditional brick-and-mortar physical presence, often relying on digital networks for operations.

Vizio's Supply Chain

The network of suppliers, manufacturers, and logistics providers Vizio uses to produce and distribute its electronics products.

Few Suppliers

A procurement strategy where a company relies on a small number of suppliers for the provision of certain goods or services, often to increase quality control and build strong relationships.