#43 · 2026-09-18 · Legal term
Statute of frauds
The UCC statute of frauds generally requires a sufficient signed writing for a goods contract at this price. These facts exclude the merchant-confirmation, special-manufacture, admission, and accepted-performance exceptions.
Rule to remember
The statute of frauds requires specified contracts to be evidenced by an adequate signed writing to be enforceable, subject to recognized exceptions.
Key elements and checks
- A covered category; here, goods priced at $500 or more under the stated UCC formulation.
- A sufficient writing, including quantity, signed by the party charged or an authorized representative.
- Consider applicable exceptions.
In the source’s words
“signed by the party against whom enforcement is sought”
UCC § 2-201(1)
Other categories include certain land and long-term agreements. The applicable enactment controls, and electronic records may satisfy writing requirements.