Common law contracts and contracts governed

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Reference no: EM131580708

Explain the difference between Common Law contracts and contracts governed by the 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.

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, The example should include a description of the contract, with names of the parties to the contract and the object of the contract.

Reference no: EM131580708

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