Question: How are contracts between merchants different from contracts between regular people (i.e., the basic contract law we covered earlier)? Why do you think merchants are

How are contracts between merchants different from contracts between "regular" people (i.e., the basic contract law we covered earlier)? Why do you think merchants are treated differently?

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 Law Questions!

How are contracts between merchants different from contracts between regular people ? Why do you think merchants are treated differently?

How are contracts between merchants different from contracts between "regular" people ? Why do you think merchants are treated differently?

How are contracts between merchants different from contracts between "regular" people? Why do you think merchants are treated differently?

Chapter 38 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...

1. Daniel Dimwit sees an advertisement for a toaster oven at Target for the price of $49.00. When he gets to Target they are all sold out. Sears has the same toaster oven for $60.00. Can Mr. Dimwit...

1. Do you agree or disagree with the decision in the Lambert case (p. 323, textbook). Explain by making EXPLICIT reference to any of the principles of Contract Law (say which one(s) you are using)...

Chapter 6 from The Legal and Ethical Environment of Business was adapted by The Saylor Foundation under a Creative Commons Attribution-NonCommercial-ShareAlike 3.0 license without attribution as...

Summarize the following chapter in your words: (Basic elements of individual behavior in organizations) What is individual behavior in organization? The people who populate today's business world are...

Administrative Law 5 A dministrative law governs and defines the powers of government agencies. A number of political and technological factors have led to an explosion in the growth of government...

In this program, you will compare three strings and display them from the smallest to the largest. In order to do that, you need to (1) create a class called Homework3_1 (2) ask the user to enter...

In a management letter following its year-end audit of the North Country Hospital, the not-for-prot hospital's independent audit rm questioned the adequacy of the hospital's accounts receivable...

According to the theory of efficient markets, managers Blank _ _ _ _ _ _ create value by fooling investors. Multiple choice question. can cannot

1. Blowing the whistle means a. a business insider (current or past) reveals objectionable practices of the particular business. b. getting employees attention in a noisy workplace. c. an employee...

9. Think of any experience that has made a very strong impression on you, and where it did not go the way you thought it would. Imagine this experience as a movie in your inner theatre. Run this...

12. Think through the last week. If you could have changed some of your behaviour, what would you have changed? How would you have changed that? What would you seek to achieve by changing your...

The work role: This consists of service to others at your workplace.