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book Business Law 5th Edition by David Twomey ,Marianne Jennings ,Stephanie Greene cover

Business Law 5th Edition by David Twomey ,Marianne Jennings ,Stephanie Greene

Edition 5ISBN: 978-1305575158
book Business Law 5th Edition by David Twomey ,Marianne Jennings ,Stephanie Greene cover

Business Law 5th Edition by David Twomey ,Marianne Jennings ,Stephanie Greene

Edition 5ISBN: 978-1305575158
Exercise 7
Webstar Corp. orally agreed to sell Northco, Inc., a computer for $20,000. Northco sent a signed purchase order to Webstar confirming the agreement. Webstar received the purchase order and did not respond. Webstar refused to deliver the computer to Northco, claiming that the purchase order did not satisfy the UCC statute of frauds because it was not signed by Webstar. Northco sells computers to the general public, and Webstar is a computer wholesaler. Under the UCC Sales Article, Webstar's position is:
a. Incorrect, because it failed to object to Northco's purchase order
b. Incorrect, because only the buyer in a sale-ofgoods transaction must sign the contract
c. Correct, because it was the party against whom enforcement of the contract is being sought
d. Correct, because the purchase price of the computer exceeded $500
Explanation
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The answer is a. The seller must reply w...

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Business Law 5th Edition by David Twomey ,Marianne Jennings ,Stephanie Greene
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