Nevada § 104.2201 - Formal requirements; statute of frauds

§ 104.2201. Formal requirements; statute of frauds

1. Except as otherwise provided in this section a contract for the sale of goods for

the price of $500 or more is not enforceable by way of action or defense unless there

is a record sufficient to indicate that a contract for sale has been made between

the parties and signed by the party against whom enforcement is sought or by the party's

authorized agent or broker. A record is not insufficient because it omits or incorrectly states a term agreed

upon but the contract is not enforceable under this subsection beyond the quantity

of goods shown in the record. 2. Between merchants if within a reasonable time a record in confirmation of the contract

and sufficient against the sender is received and the party receiving it has reason

to know its contents, it satisfies the requirements of subsection 1 against the party

unless notice in a record of objection to its contents is given within 10 days after

it is received. 3. A contract which does not satisfy the requirements of subsection 1 but which is

valid in other respects is enforceable: (a) If the goods are to be specially manufactured for the buyer and are not suitable

for sale to others in the ordinary course of the seller's business and the seller,

before notice of repudiation is received and under circumstances which reasonably

indicate that the goods are for the buyer, has made either a substantial beginning

of their manufacture or commitments for their procurement; or (b) If the party against whom enforcement is sought admits in his or her pleading,

testimony or otherwise in court that a contract for sale was made, but the contract

is not enforceable under this provision beyond the quantity of goods admitted; or (c) With respect to goods for which payment has been made and accepted or which have

been received and accepted ( NRS 104.2606 ).