Statute of Frauds Under the UCC: Definition, Exceptions & Examples

Instructions:

Choose an answer and hit 'next'. You will receive your score and answers at the end.

question 1 of 3

The UCC requires contracts to be in writing when:

Create Your Account To Take This Quiz

As a member, you'll also get unlimited access to over 75,000 lessons in math, English, science, history, and more. Plus, get practice tests, quizzes, and personalized coaching to help you succeed.

Try it risk-free
Try it risk-free for 30 days. Cancel anytime
Already registered? Log in here for access

1. The UCC requires contracts to be in writing when:

2. When does the UCC require a security interest to be in writing?

Create your account to access this entire worksheet
A Premium account gives you access to all lesson, practice exams, quizzes & worksheets
Access to all video lessons
Quizzes, practice exams & worksheets
Certificate of Completion
Access to instructors
Create an account to get started Create Account

About This Quiz & Worksheet

This quiz and attached worksheet will help gauge your understanding of the statute of frauds under the UCC. Topics you will need to know in order to pass the quiz include applicable law and security interests that need to be in writing.

Quiz & Worksheet Goals

Use these assessment tools to measure your knowledge of:

  • When the UCC requires contracts and security interests to be in writing
  • Where the UCC's statute of frauds is applicable law
  • Modifications of contract terms that have to be in writing

Skills Practiced

  • Reading comprehension - ensure that you draw the most important information from the related contract law lesson
  • Interpreting information - verify that you can read information regarding UCC contracts that must be in writing and interpret it correctly
  • Knowledge application - use your knowledge to answer questions about the necessity for security interests to be in writing

Additional Learning

To learn more about this topic, review the lesson called Statute of Frauds Under the UCC: Definition, Exceptions & Examples. This lesson covers the following objectives:

  • Define uniform commercial code
  • Explain the statute of frauds
  • Tell how agreements creating a security interest in goods are related to a statute of frauds under the UCC
  • Relate how modifications to contract terms apply to a statute of frauds
Support