We appreciate your visit to Alvin s Department Store agrees over the telephone to purchase 1 000 worth of blankets from Blanket Emporium Blanket Emporium sends an invoice for the. This page offers clear insights and highlights the essential aspects of the topic. Our goal is to provide a helpful and engaging learning experience. Explore the content and find the answers you need!
Answer :
Final answer:
The oral agreement for the purchase of $1,000 worth of blankets between Alvin's Department Store and Blanket Emporium is unenforceable because it violates the Statute of Frauds, due to not being in writing. So, the correct answer is option a).
Explanation:
The oral agreement between Blanket Emporium and Alvin's Department Store for the purchase of $1,000 worth of blankets is unenforceable because it violates the Statute of Frauds.
The Statute of Frauds is a legal concept that requires certain types of contracts to be in writing to be enforceable. In the context of goods, the Uniform Commercial Code (UCC) specifies that contracts for the sale of goods priced at $500 or more must be in writing to be enforceable.
Since the agreement between Alvin's Department Store and Blanket Emporium involved a transaction of $1,000 and was only agreed upon orally, without any written contract, it falls under the purview of this statute and hence is unenforceable.
Thanks for taking the time to read Alvin s Department Store agrees over the telephone to purchase 1 000 worth of blankets from Blanket Emporium Blanket Emporium sends an invoice for the. We hope the insights shared have been valuable and enhanced your understanding of the topic. Don�t hesitate to browse our website for more informative and engaging content!
- Why do Businesses Exist Why does Starbucks Exist What Service does Starbucks Provide Really what is their product.
- The pattern of numbers below is an arithmetic sequence tex 14 24 34 44 54 ldots tex Which statement describes the recursive function used to..
- Morgan felt the need to streamline Edison Electric What changes did Morgan make.
Rewritten by : Barada