How to response this message:" When it comes to traders the courts had to get cleaver and think outside the box when it comes to regulating them and holding them accountable. One of the biggest ways they achieved that was through implied contracts. An implied contract may still hold parties accountable for their end of the contract even though there is not written word on the actual contract. This would come down to promises made and the intended outcome these contracts were going to have if upheld. There are many rules and codes that the UCC will enforce in order to uphold deals made by traders. This is to protect both parties from any backlash and ensure that fair deals are being made. Traders must follow these rules and guidelines unless they want to face fines or penalties brought against them."