Is Rita Correct That There Is No Contract Because There

question 19

Multiple Choice

Is Rita correct that there is no contract because there is nothing at all in writing?

• A)Yes,although the UCC is lenient about the statute of frauds,there must at least be something in writing to evidence the existence of a contract.
• B)Yes,because Rita made no payment.
• C)Yes,unless the good were specifically manufactured for Rita.
• D)No,but only if Rita has made a payment under the contract.
• E)No,because there has been partial-performance of the contract.

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Definitions:

Write Checks Window

A feature in accounting software that allows users to issue checks directly, recording the transaction in the financial records.

Types Of Bills

Various classifications of bills, including utilities, rent, subscriptions, and other payable charges.

Drill-Down Feature

A functionality that allows users to view detailed data behind summaries or aggregated figures, typically within software applications.

Types Of Accounts

Types of accounts refer to the various categories under which financial transactions are recorded in accounting, including assets, liabilities, equity, revenue, and expenses.