Question

Manny and Moe have entered into a written contract for the purchase of $1,000 worth of goods. While the contract is still executory, Manny calls Moe and seeks to make modifications to the contract.
A.The modification does not need to be in writing to be enforceable as long as they agree.
B.The modification does not need to be in writing to be enforceable unless the modification adds at least $500 worth of new goods to the contract.
C.The modification does need to be in writing to satisfy statute of frauds requirements regardless of the size of the modification.
D.Parties cannot modify contracts subject to the Statute of Frauds so they must enter into a new and separate contract.

Answer

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