Anna advertised her 2013 Honda Civic Hatchback for sale in a local newspaper for $11,500 or...

80.2K

Verified Solution

Question

General Management

Anna advertised her 2013 Honda Civic Hatchback for sale in alocal newspaper for $11,500 or best offer. Lucy saw the ad and madean appointment with Anna to inspect car. After discussing, Lucyproposed to pay Anna $10,500 for the car, with deposit of $3,000 incash, and Lucy would pay the balance next week when she could comeback with a check of $7,500 to pick up the car. Then Anna agreedand wrote out a simple receipt for Lucy’s deposit.

Week after, Lucy did not appear or respond to Anna’s phone callsconcerning the car. Anna was upset because of Lucy's disappearance.Therefore, Anna sold the car to another buyer for $10,000. Afterthat, Anna called the lawyer to handle her car, and filed adistrict court action against Lucy for receiving less than theagreed price, plus her incidental costs and lawyer’s fees. Afterreceiving service, Lucy filed a Notice of Intention to Defend,where she generally denied Anna’s complaint, and also raised theaffirmative defense of the statute of frauds under UCC § 2-201.


Discuss whether UCC § 2-201 excuses Lucy’s performance under thecontract.

Answer & Explanation Solved by verified expert
4.5 Ratings (822 Votes)
Before diving into the scenario lets understand in brief about the statute of frauds and what does the UCC 2201 state The UCC or the Uniform Commercial Code is a consistent act covering sales and commercial transactions It serves primarily as a model or guide and can become a law only when a state passes a particular provision The UCC comprises a    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students