1. Why do you think the UCC is or is not important to merchants in order to effectively do business. 0 Be sure to give examples. 0 Discuss how a common law contract is different from a contract between merchants under the UCC. 0 Then explain why you feel the UCC difference is or is not important to merchants. 2. What ethical considerations do you have when in a contractual relationship? 0 There are two factors in making business decisions we discussed so far in this class. Law. Statutes and Court decisions, and ethics. 0 Discuss how ethics should be a consideration in making business decisions. 3. How can you improve your performance? (Note: nothing gets nothing.)