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Shannon orally agrees to buy 500 telephones from Thomas for $2,000. Thomas delivers 1,500 phones to Shannon. She receives them and accepts them. Which of the following is correct with regard to this transaction. BE CAREFUL ABOUT THIS QUESTION!

1. Shannon can enforce the contract for the additional machines.

2. The contract is enforceable to the extent of the machines that have been delivered and accepted.

3. The entire contract is in violation of the statute of frauds and cannot be enforced.

4. This is a bad deal and therefore unconscionable and unenforceable from the beginning.

Reference no: EM131115171

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