BLAW 3201 Chapter Notes - Chapter 9: Uniform Commercial Code, Oral Contract, Personal Property
Document Summary
Sales, leases, employment, insurance, construction, warranty, service, utilities, phone, school, scholarship. Define contract : agreement that is legally binding, courts provide a remedy for a breach, generally not enforce contracts as written, must have damages from the breach, a contract is a binding agreement that the courts will enforce. The restatement defines a contract as a promise or a set of promises for the breach of which the law gives a remedy, or the performance of which the law in some way recognizes a duty. T/f question and mc question: both parties must agree that the contract is binding. A breach must occur to break contract: a breach is the failure to perform contractual promises properly. The uniform commercial code (ucc or the code) governs the sale of tangible personal property in all states except. Make sure you get version a of the test. The code essentially defines goods as tangible personal property.
