The Uniform Commercial Code Contains a Statute of Frauds Rule

question 42

Multiple Choice

The Uniform Commercial Code contains a statute of frauds rule relating to sales of personal property,specifically:

• A) goods.
• B) chattel paper.
• C) real property.
• D) none of the above.

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Definitions:

Proper Electronic Form

A format for electronic documents that meets legally recognized standards and requirements for validity and enforceability.

Usage of Trade

Refers to the customs and practices commonly observed and accepted in a particular industry or trade.

Parol Evidence Rule

A legal principle that prohibits the introduction of oral or extrinsic evidence to alter or contradict the terms of a written contract.

Specific Provisions

Special clauses in a contract or law that are designed to cover particular details and scenarios, differing from general provisions.