Gene and Martha Jannusch owned a food truck business. They verbally agreed to sell it to Lindsey and Louann Naffziger for $150,000. The Naffzigers paid an initial $10,000 deposit and took possession of all the concession equipment, including the truck, trailer, and cooking equipment. The remaining balance was to be paid when the buyers secured a loan. When the Naffzigers backed out of the deal, the Jannuschs sued. The buyers argued that there was never a contract because
(1) The UCC did not apply to the sale of a food truck business and
(2) The contract was missing essential terms. Rule.
