Regarding Alexandra's Statement to the Judge That the Agreement to Sell

question 21

Multiple Choice

Regarding Alexandra's statement to the judge that the agreement to sell the car was covered by the statute of frauds,which of the following is true?

• A)She was incorrect because the statute of frauds provision involving the sale of goods only applies to goods costing over $1,500.
• B)She was incorrect because the statute of frauds provision involving the sale of goods only applies to goods costing over $5,000.
• C)She was incorrect because while the UCC has a provision regarding writings for the sale of certain goods,that provision is not a part of the statute of frauds.
• D)She was correct.
• E)She was incorrect because the statute of frauds provision involving the sale of goods only applies to goods costing over $2,000.

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Definitions:

Supply Chain Management

The supervision and management of materials, data, and monetary resources as they transition from the supplier, through the manufacturer and wholesaler phases, ultimately reaching the retailer and consumer.

On-time Availability

The state or characteristic of being ready for use or accessible exactly when needed or promised.

Efficiency

The ability to achieve a desired result or perform a task with the least amount of wasted time, effort, or resources.

Value Chain

A series of activities that companies perform to bring a product or service from conception to the marketplace.