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

question 45

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.