Under the "Partial Performance" Exception to the UCC,an Oral Contract

question 22

True/False

Under the "partial performance" exception to the UCC,an oral contract for goods worth more than $500 is enforceable if the goods are specially manufactured for a particular buyer.

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Definitions:

Abnormal Psychology

A branch of psychology that studies unusual patterns of behavior, emotion, and thought, which may or may not be understood as precipitating a mental disorder.

Parsimonious

Refers to extreme unwillingness to spend money or use resources.

Enduring Truth

A concept or fact that remains valid and reliable over time.

Phenomena

Observable events or occurrences that can be studied scientifically to understand natural or social processes.