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The Vermont Statutes Online
Title
09A
:
Uniform Commercial Code
Chapter
002
:
Sales
§
2-201. Formal requirements; statute of frauds
(1) Except as
otherwise provided in this section a contract for the sale of goods for the
price of $500 or more is not enforceable by way of action or defense unless
there is some writing sufficient to indicate that a contract for sale has been
made between the parties and signed by the party against whom enforcement is
sought or by his authorized agent or broker. A writing is not insufficient
because it omits or incorrectly states a term agreed upon but the contract is
not enforceable under this paragraph beyond the quantity of goods shown in such
writing.
(2) Between
merchants if within a reasonable time a writing in confirmation of the contract
and sufficient against the sender is received and the party receiving it has
reason to know its contents, it satisfies the requirements of subsection (1)
against such party unless written notice of objection to its contents is given
within ten days after it is received.
(3) A contract
which does not satisfy the requirements of subsection (1) but which is valid in
other respects is enforceable:
(a) if the goods
are to be specially manufactured for the buyer and are not suitable for sale to
others in the ordinary course of the seller's business and the seller, before
notice of repudiation is received and under circumstances which reasonably
indicate that the goods are for the buyer, has made either a substantial
beginning of their manufacture or commitments for their procurement; or
(b) if the party
against whom enforcement is sought admits in his pleading, testimony or
otherwise in court that a contract for sale was made, but the contract is not
enforceable under this provision beyond the quantity of goods admitted; or
(c) with respect
to goods for which payment has been made and accepted or which have been
received and accepted (§ 2-606).