What kind of contracts require a written format according to the UCC?

The correct answer pertains to contracts for the sale of goods over a specified value, which aligns with the Uniform Commercial Code (UCC) requirements. According to the UCC, specifically under Section 2-201, contracts for the sale of goods that exceed $500 must be in writing to be enforceable. This requirement helps to provide a clear record of the agreement and its terms, reducing the risk of misunderstandings or disputes about the transaction.

Contracts involving monetary transactions generally do not require a written form unless they pertain specifically to the sale of goods exceeding that monetary threshold. Contracts for services, regardless of their value, are typically not governed by the UCC and thus do not fall under these written contract requirements. Furthermore, while contracts between businesses and consumers may sometimes need to be in writing for other legal reasons, the UCC's specific written contract obligation is focused on the sale of goods over a designated value.