Under Article 2's statute of frauds, the basic rule is that a ...

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Under Article 2's statute of frauds, the basic rule is that a contract for the sale of goods priced at 5000 or more is not enforceable unless it is in writing and signed by the party against whom enforcement is sought.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Acceptance of an offer requires ______ by the offeree.
 a. knowledge of the offer
  b. understanding of the offer c. realization of the offer
  d. rejection of the offer
  e. consideration of the offer

[ecox1012]

Answer to Question 1

FALSE

Answer to Question 2

a