• Law
College

Alvin's Department Store agrees over the telephone to purchase $1,000 worth of blankets from Blanket Emporium. Blanket Emporium sends an invoice for the blankets before shipping them, and Alvin's Department Store refuses to go forward with the deal, claiming the deal is not a valid contract.

The oral agreement between Blanket Emporium and Alvin's Department Store for the purchase of $1,000 worth of blankets:

A. Is enforceable because it is for goods over $500
B. Is unenforceable because it violates the Statute of Frauds
C. Is enforceable because it is a verbal agreement
D. Is unenforceable because it lacks consideration

Answer :

Final answer:

The oral agreement for the purchase of $1,000 worth of blankets between Alvin's Department Store and Blanket Emporium is unenforceable because it violates the Statute of Frauds, due to not being in writing. So, the correct answer is option a).

Explanation:

The oral agreement between Blanket Emporium and Alvin's Department Store for the purchase of $1,000 worth of blankets is unenforceable because it violates the Statute of Frauds.

The Statute of Frauds is a legal concept that requires certain types of contracts to be in writing to be enforceable. In the context of goods, the Uniform Commercial Code (UCC) specifies that contracts for the sale of goods priced at $500 or more must be in writing to be enforceable.

Since the agreement between Alvin's Department Store and Blanket Emporium involved a transaction of $1,000 and was only agreed upon orally, without any written contract, it falls under the purview of this statute and hence is unenforceable.