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UCC Contracts QUESTION #5845
Question 1
A Buyer orally agrees to purchase a used car for $5,000. The Buyer pays a $500 deposit, which the Seller accepts. Is the contract enforceable?
  • No, because the total price is over $500 and there is no signed writing.
  • Yes, but only for $500 worth of the car.
  • Yes, the entire contract is enforceable because partial payment was accepted.✔️
  • No, unless the car is a 'unique' good.
Correct Answer Explanation
Under UCC §2-201(3)(c), a contract is enforceable with respect to goods for which payment has been made and accepted.