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

question 24

Multiple Choice

A contract that 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?


Definitions:

Implied Warranty

A legal term for the assumption that a sold product will fulfill its intended purpose.

Fitness for a Particular Purpose

A legal concept that implies a product is suitable for the specific use the buyer intends.

Actual Knowledge

Direct awareness or understanding of a fact or piece of information.

Warranty Disclaimers

Legal statements that limit or eliminate the seller's liability for certain defects or failures in the product sold.

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