PART 2. FORM, FORMATION AND READJUSTMENT OF CONTRACT
§490:2-201 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 shall not be deemed insufficient because it omits or incorrectly states a term agreed upon but the contract shall not be 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 shall satisfy the requirements of subsection (1) against the party unless notice in a record of objection to its contents is given within ten days after it is received.
(3) A contract that does not satisfy the requirements of subsection (1) but that is valid in other respects shall be enforceable: