Question: Do you agree with the UCC rule permitting additional terms (UCC 2-207(1))? Why or why not? What are the advantages and disadvantages of this rule?

Do you agree with the UCC rule permitting additional terms (UCC 2-207(1))? Why or why not? What are the advantages and disadvantages of this rule? What significance does it have for merchants? Non merchants?

please explain the UCC, 15 senetence

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Q:

What is the UCC rule permitting additional terms (UCC 2-207(1))? Do you agree with it or not? What are the advantages and disadvantages of this rule? What significance does it have for merchants? Non...

Q:

3 The Formation of Sales and Lease Contracts In regard to the formation of sales and lease contracts, the UCC modifies the common law in several ways. We look here at how Articles 2 and 2A of the UCC...

Q:

3 The Formation of Sales and Lease Contracts In regard to the formation of sales and lease contracts, the UCC modifies the common law in several ways. We look here at how Articles 2 and 2A of the UCC...

Q:

3 The Formation of Sales and Lease Contracts In regard to the formation of sales and lease contracts, the UCC modifies the common law in several ways. We look here at how Articles 2 and 2A of the UCC...

Q:

Chapter 9 from Business Law and the Legal Environment was adapted by The Saylor Foundation under a Creative Commons Attribution-NonCommercial-ShareAlike 3.0 license without attribution as requested...

Q:

UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF FLORIDA CASE NO. 12-80165-CIV-MARRA OPTION WIRELESS, LTD., an Irish limited liability company, Plaintiff, v. OPENPEAK, INC., a Delaware corporation,...

Q:

Review all of the section on Contract Formation in Ch. 14 (14-1b). Sage Brushes is looking to buy materials for its brushes. List and explain the eight principles of contract formation they will want...

Q:

Provide 4 examples of how the U.C.C. will benefit Vendors and Vendees or Manufacturers and End Users, from the passage Mutual consent, also known as ratification and meeting of the minds, is...

Q:

BMGT 380 - Final Exam Questions for E-resources - Fall 2014 Multiple Choice: 1 point each 1. Sam orally agreed to sell Jamie some land for $500,000. Jamie paid Sam the $500,000; Sam gave Jamie the...

Q:

BMGT 380 - Final Exam Questions for E-resources - Fall 2014 Multiple Choice: 1 point each 1. Sam orally agreed to sell Jamie some land for $500,000. Jamie paid Sam the $500,000; Sam gave Jamie the...

Q:

(a) Citadel Bank desires to give its shareholders a return of 30% and the bank has an asset of GHC100 000. 00 and capital of GHC 10000.00. You are to determine the desired profit margin. 5 marks (b)...

Q:

Compare centralized and decentralized forms of management. In what cases would a decentralized form of management be effective? Ineffective? In what cases would a centralized form of management be...

Q:

All direct and indirect expenses related to businesses are charged to: profit and loss account, cost of goods sold, cost of goods sold and profit and loss account, balance sheet

Q:

What is an example of constructive feedback? provide reference