A contract that cannot be enforced by the courts is referred to as:

Illegal

Void

Disaffirmed

Unenforceable

Voidable

$20\mathrm{.}467$ points

Which of the following is true regarding oral assignments?

The UCC requires that an assignment of a right to receive goods be in writing when the value of the goods is $$500$ or more, and that an assignment of a right to receive a service be in writing when the value of the service is $$1,000$ or more.

Assignments are not covered by the statute of frauds.

The Uniform Commercial Code $($UCC$)$ requires that assignments be in writing when the amount being assigned is greater than $$5,000.$

Assignments may not be made orally.

The UCC requires that assignments be in writing when the amount being assigned is greater than $$500.$

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