1 Unconscionability (2-302) is a defense only under sales contracts and is not a
ID: 2595878 • Letter: 1
Question
1 Unconscionability (2-302) is a defense only under sales contracts and is not a defense to common law contracts. TF The Article 11 Statute of Frauds for a sale of goods of S500.00 or more requires a written contract signed by both parties. T F Explanation: 3. An oral agreement to sell $1,000 worth of rutabagas will be enforced in its sntirety if a. the buyer has given a deposit for $250. b. if the buyer has accepted 10 out of 20 tons of the crop. c. the buyer admitted under oath that the contract had been created. d. under all of the above (a-c) the contract will be enforced in its entirety Explanation:Explanation / Answer
1 Answer :- False
Explanation:- Unconscionable contract is a contract which is so outrageous or immoral that it shocks the sensibilities of thr courts. A contract can be found unenforceable by virtue of it being Unconscionable. The doctrine of Unconscionable comes from U.C.C. 2-302. However courts apply the doctrine to all the contractS and not just in dealing with sale of goods.
2 Answer:- False.
Explanation:- As per section 2-201, except as otherwise provided in this section a contract for the sale of goods for thd price of $500 or more is not enforceable by way of action or defense unless there is some writing sufficient to indicate that a contract for sale has been made between the parties and signed by the party against whom enforcement is sought or by the authorised agent or broker.
3 Answer :- d. Under all of the above (a-c) the contract will be enforced in its entirety.
Explanation :- In case of oral agreement, the contract needs to be executed by spoken communication.
Related Questions
Navigate
Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.