Exam 21: Introduction to Sales and Leases

If the original agreement was oral, a subsequent oral modification, which brings the resulting contract within the statute of frauds, is binding on and enforceable by the parties.

Most of the Code's provisions are not mandatory but allow the parties to vary or displace them by agreement.

A contract which does not satisfy the writing requirement of the Article 2 statute of frauds, but which is otherwise valid, is enforceable in which of the following situations?

The CISG governs contracts for the international sale of goods between parties located in different nations that have ratified the CISG.