Which of the Following Contracts Requires a Writing Under the UCC,Article

question 17

Multiple Choice

Which of the following contracts requires a writing under the UCC,Article 2?

• A)Jeremy,a full-time student,sold his snow blower to a friend for $450.
• B)Kayla,a full-time student,purchased a used computer from Office Plus for $300.
• C)A toy manufacturer contracted to sell dolls valued at $10,000 to a department store.
• D)Tobias Department Store contracted to sell Jenny a $400 doll.

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Definitions:

Acquiring Firm

A company that purchases another company in a merger or acquisition to expand its operations or enter new markets.

Bankruptcy Judge

A judicial officer who presides over court proceedings in bankruptcy cases, making decisions on matters within the bankruptcy law.

Disbursements

Payments made by a business, including operating expenses, dividend payments, and investments in assets.

Trustee

With respect to bonds, an organization that ensures compliance with the conditions set forth in the indenture. With respect to bankruptcy, a person who administers the bankrupt organization to ensure funds are properly handled.