This assignment is due by the end of the 5th day of the module and is worth 20 points.
Table of Contents
Introduction
The Uniform Commercial Code (UCC) includes a number of provisions that apply to contracts between merchants. One provision of the UCC is the Statute of Frauds.
Assignment Instructions
Your assignment is to read the scenario below and answer the prompts.
Hot Coffee (a fictional Florida corporation) entered into a $1,000 contract for the sale of their mugs to an independent grocery store called Foods r Us. Are there any specific requirements for Hot Coffees contract based on the Statute of Frauds?
Assignment prompts:
- Summarize the Statute of Frauds
- Discuss what, if any, the specific requirements would be for the contract between Hot Coffee and Foods R Us
Requirements
- The length of your response is conditional on the question. Answer fully, but concisely.
- Your submissions should be submitted via the assignment dropbox in .doc or .docx format, using 12 pt type and double spacing.
- Late submissions will not be accepted. For this course, unless otherwise noted by the instructor, submitting work late will be permitted only under qualifying circumstances and only with prior notification and supporting documentation (original funeral notice, original doctors note, etc.). Computer and Internet connectivity problems are not valid reasons for late work. It is the student’s responsibility to be technologically prepared to take an online course.
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