The "Confirmatory Memorandum" Exception to the UCC's Statute of Frauds

question 22

Multiple Choice

The "confirmatory memorandum" exception to the UCC's statute of frauds provision:

• A) requires that the memorandum be signed by the party to be bound.
• B) requires that the memorandum be sent within ten days after the contract is made.
• C) applies even though the memorandum does not satisfy the UCC's writing requirement.
• D) requires that both parties to the contract be merchants.

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Definitions:

Emotional Bond

A deep connection formed between individuals, characterized by feelings of affection, empathy, or attachment.

Caregiver

A person who looks after the needs of someone who is unable to care for themselves, often due to factors like age, illness, or disability.

Secure Attachment

A deep and enduring emotional bond that connects one person to another across time and space, typically seen in child-caregiver relationships.

Characteristics

Distinctive traits, qualities, or properties that identify and distinguish individuals, groups, or things.