the difference between Common Law contracts and contracts governed by the UCC-”

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This assignment tests your understanding of Learning Objective #2 – “Explain the difference between Common Law contracts and contracts
governed by the UCC-”
In chapter 11 you learned about the nature of common law contracts- In chapter 20 you learned about contracts for the sale and lease of goods that
are controlled, in 49 states, by Article 2 of the Uniform Commercial Code (“UCC”)-
Article 2 of the Uniform Commercial Code provides that whenever a conflict arises between a common law contract rule and the state statutory law
based on the UCC, the UCC controls- In other words, when a UCC provision addresses a certain issue, the UCC rule governs- When the UCC is
silent, the common law governs-
In your own words, explain the major differences between common law contract law and contracts for the sale of goods governed by the UCC- For
each difference, provide a specific example, in your own words – do not simply lift the examples listed in the text- The example should include a
description of the contract, with names of the parties to the contract and the object of the contract-

 

 

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