Talk:Statute of frauds

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Is there a cite to a newly promulgated UCC statute of frauds for goods? I was not aware that NCCUSL was recommending raising the threshold to $5,000. Ellsworth

However, there is and has been a catch-all statute of frauds for personal property not otherwise covered by the Code or other law. That is UCC 1-206, and it does have a $5000 threshold. However AFAIK there has been very little reported case law on that section. Ellsworth 18:56, 19 Mar 2005 (UTC)

[edit] UCC?

"UCC section 1-206 also contains a "catch-all" statute of frauds" --- what is UCC? does this refer to United States Law? perhaps this could be made more clear.

Yes, it does - I am not aware of any other jurisdiction which has adopted the UCC, although it's certainly been influential. Ellsworth 13:58, 5 Apr 2005 (UTC)
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