Question: QUESTION 6 Under the Uniform Commercial Code ( UCC ) , there is no Statute of Frauds, i . e . , a requirement that
QUESTION
Under the Uniform Commercial Code UCC there is no Statute of Frauds, ie a requirement that certain contracts be evidenced by a writing.
True
False
QUESTION
According to the UCC, an offer must remain open for the time period stated or if no time period is given, at least for a reasonable period of time, which may not exceed five months
True
False
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
