Jack and Jill, 2 merchants, were discussing business over lunch when they agreed on the sale of some goods. Neither of them had any paper, so Jack wrote the following on a napkin: "Jill agrees to purchase from Jack, 1,000 tables to be delivered on January 1 at a cost of $10,000, payable on delivery." Jill signed the napkin, but Jack did not. Jack delivered the tables per the contract, but Jill refused to pay for them.
What do you infer about Jack’s right to recover the price of the goods?
Jack will not recover damages because the contract writing is not sufficient under the Statute of Frauds.
Jack will not recover damages because he did not sign the contract.
Jack will recover damages because the Statute of Frauds does not apply to contracts for sale of goods exceeding $5,000.
Jack will recover damages because under the UCC rules, this writing is sufficient to satisfy Statute of Frauds.