The Main Difference Between the UCC Requirement for a Writing

question 15

Multiple Choice

The main difference between the UCC requirement for a writing for a contract for the sale of goods and the common law is that the:

• A) UCC requires only the signature of both parties.
• B) UCC does not require all the terms of the agreement to be in writing.
• C) common law requires only an indication that the parties reached an agreement.
• D) common law requires only the signature of the defendant and the quantity of goods being sold.

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Definitions:

Sales Per Square Foot

A metric used in retail to measure the efficiency of a store's sales relative to its physical size.

Financial Indicator

A metric used to gauge the financial health or performance of a business, market, or economy.

Retail Space

Retail space refers to premises used to conduct retail operations where goods and services are sold directly to consumers.

Sales Per Square Foot

A metric used to evaluate the efficiency of a retail space, indicating the average revenue generated per square foot of sales area.