Question

In contracts other than those governed by the UCC, which of the following are required elements for a writing to be considered sufficient under the statute of frauds?

A. Identification of the parties to the contract.

B. Identification of the subject of the agreement.

C. Identification of the penalties for nonperformance.

D. Identification of the parties to the contract, identification of the subject of the agreement, and identification of the penalties for nonperformance.

E. Identification of the parties to the contract and the subject of the agreement, but not penalties for nonperformance.

Answer

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