1. Explain the difference between the standards to which a merchant and a consumer are held under the UCC:
2. Explain why there is a distinction between the two:
3. Explain the difference between an offer under the common law and under the UCC:
4. Explain the difference between acceptance under the common law and under the UCC:
5. Explain a Merchant's Firm Offer:
6. Explain the difference between "tender of delivery" and "delivery":
7. Explain two exceptions to the Perfect Tender Rule:
8. Explain the difference between foreseeable and unforeseeable contingencies under the topic of commercial impracticability:
9. List two obligations of BOTH the buyer AND the seller under a contract governed by the UCC

Answer rating: 100% (QA)

Under the Uniform Commercial Code UCC there are distinct standards for merchants and consumers in various aspects of commercial transactions Lets delv... View the full answer