Prepare a 2-3-page, double-spaced document explaining to your colleagues how to determine whether a valid contract has been formed in accordance with Article 2 (Sales) of the UCC.
What is the purpose and function of the Uniform Commercial Code? Provide a scenario by way of example that will demonstrate to your colleagues the elements necessary to form a sales contract under UCC Article 2.
Finally, provide additional facts to your scenario that will show how the Statute of Frauds and Parol Evidence Rule under UCC Article 2 can come into play.
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