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Harry was on the phone negotiating the terms of a contract for the purchase of ball...

Harry was on the phone negotiating the terms of a contract for the purchase of ball caps containing his university's logo with All Logos, LLC. They had agreed on the quantity (1200) and price ($2/cap), but could not agree on the delivery date, so Harry hung up. A few days later, Harry received an invoice in the mail, billing him for the caps, and advising that they would be shipped in 30 days' time. Under the Statute of Frauds, has a contract been formed?

Group of answer choices

No, a contract has not been formed because an essential term was missing.

Yes, a contract has been formed, since it contains the essential terms.

Yes, a contract has been formed because under the UCC, only the quantity is required.

No, a contract has not been formed, since Harry has not signed a contract for the goods.

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Answer #1

The correct option is No, a contract has not been formed, since Harry has not signed a contract for the goods as Harry didn't sign for the goods, not orally or in written form.

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