Courtney, who runs a dress boutique, agreed over the phone to
purchase 10 bolts of fabric from her supplier for $400. The next day the
supplier calls to say that he miscalculated the total cost and asks her to
pay $450 instead. Courtney graciously agrees to the different price.
What does the statute of frauds hold regarding such a situation?



Answer :

I'd be happy to help with that! In this situation, the Statute of Frauds typically requires certain contracts to be in writing to be enforceable. The statute varies by jurisdiction but generally covers agreements involving the sale of goods over a certain amount of money. 1. In the scenario provided, the initial agreement between Courtney and her supplier for the purchase of 10 bolts of fabric for $400 was made over the phone. This verbal agreement would typically not meet the requirements of the Statute of Frauds. 2. However, when the supplier later asked Courtney to pay $450 instead of the initial $400, and Courtney agreed to the new price over the phone, this modification to the original agreement may also need to be in writing to be enforceable under the Statute of Frauds. 3. Therefore, the Statute of Frauds could hold that the modification to the contract, where the price was changed from $400 to $450, may need to be in writing to be legally binding. In summary, the Statute of Frauds may require certain modifications to contracts, especially those involving the sale of goods over a certain value, to be in writing to be enforceable. It is essential to consider the specific laws and regulations in the relevant jurisdiction to determine the exact application of the Statute of Frauds in this situation.

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