BLAW 4203 Lecture 21: Class notes
Document Summary
Class notes: all 50 states adopted ucc. La has not adopted ucc-2: ucc-2---for sale of movable and tangible goods. (if electronic transfer of tickets , is not. If dominant part is movable tangible goods, use ucc-2: never blend use the ucc2 and common law. If dominant is not movable tangible, use traditional law. Can have counter offer & matches those of the offer). Unless acceptance is expressly then no contract formed. The counter offer is a conditioned on assent to the additional terms. new offer. Need all material terms to form contract: price, Just need quantity, if determinable then ok. quality, etc. e. g photographer on wedding not ucc2, so need price. Statute of fraud: contracts must in writing: 1. real. >= must be in writing. property 2. contract> 1year 3. When need to extend the time period, need. Need to be merchant or not? option contract(use money to buy the extended period). seller) writes or sign to offer extended time is irrevocable.
