Question: Assume that a contact has a valid offer, acceptance, and consideration, explaining other requirements for a contact to be valid and enforceable. For example, when
Assume that a contact has a valid offer, acceptance, and consideration, explaining other requirements for a contact to be valid and enforceable. For example, when must a contract be in writing?
What remedies are available in contract law?
What is substantial performance?
What is the Uniform Commercial Code (UCC) and when does its provisions take precedence over a common law contract? What has been the effect of the UCC on contract law in the United States? Are formation, performance, and remedies the same under the UCC as under the common law? Under the UCC does it make any difference if the seller is a merchant?
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