[Awesome Tuners] Trace Owns a Music Store

question 40

Multiple Choice

[Awesome tuners] Trace owns a music store.At a recent convention,he meets Terrill,who makes electronic guitar tuners.Terrill gives Trace a free sample and tells Trace that his guitar tuners are $20 each.Trace says he definitely wants to buy some and he will email the quantity.After the convention,Terrill emails Trace stating,"Do you still want to buy some tuners?" Trace replies,"Yes! 30 please!" However,Terrill never sends the tuners.Trace tells him they had a deal and that Terrill needs to send the tuners.Terrill,who went to business school,tells Trace that the UCC requires contracts for the sale of goods over $500 to be in writing,and his email reply doesn't satisfy the statute of frauds.
-Is Terrill correct that they do not have a sufficient written contract?

• A)No,because the writing need only state the quantity to be sold.
• B)Yes,because the only term was the quantity,which is not enough to establish a contract.
• C)Yes,because the agreement was less than $500,which need not be in writing.
• D)Yes,because the email is insufficient to constitute writing as it did not include price.
• E)No,because he is confusing the sale of goods with the sale of personal property.

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Definitions:

Synfuels

Synthetic fuels made from coal, natural gas, or biomass through chemical conversion; alternatives to traditional fossil fuels.

Commercially Attractive

Refers to properties or qualities that appeal to business interests or harbor potential for economic gain.

Coal

A combustible black or brownish-black sedimentary rock used primarily as a source of energy.

Petroleum

A naturally occurring, yellowish-black liquid found beneath the Earth's surface, used primarily as a fuel source in its refined form.