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Question
Leroy writes a letter that said, "I agree to sell to Jay 5 modern art paintings" and he signs the letter. What happens according to the code if Jay is a merchant and he receives this writing from Leroy and does not object in writing within 10 days after receiving it?
A. Jay would have a good statute of fraud defense as he has not signed the contract.
B. Jay loses his statute of fraud defense.
C. It will be considered as a void contract.
D. Leroy will be prevented by the statute of frauds to take the case to the court.
Answer
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