3. How are merchant to merchant sales given special contract conditions under the UCC ?
Uniform Commercial Code applies to all sales of goods ,and merchants are guided by special obligations and governed by special rules.The UCC assumes that merchants should have special standards as they are experienced and have special knowledge. Rules applicable to professionals will not apply to casual inexperienced buyer or seller.As for example,UCC relaxes the" mirror image rule "which means that rules should be accepted as they are and cannot be modified. UCC provides that "between merchants "the contract may have more additional terms of acceptance.Again the "ten-day -reply-doctrine "says that "as between merchants"a writing signed and send to the other will be binding on the other as an exception to the rules of frauds.Many other sections of UCC is applicable "as between merchants."
Get Answers For Free
Most questions answered within 1 hours.