1) If a sales contract lies within the Statute of Frauds and the injured party has only witness testimony to prove the existence of the contract that contract is void. T or F
Explanation:
2) The Article 2 statute of frauds for sale of goods of $500 or more requires a written contract signed by both parties to prove the existence of the contract. T or F
Explanation:
3) An oral agreement to sell $1,000 worth of rutabagas will be enforced in its entirety 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: