Week 4 Contracts - Contracts week 4 - Mutual Assent under...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
Contracts week 4 - Mutual Assent under U.C.C. Article 2 o 2-204 Formation in General Contracts for goods, can be made in any manner as long as it shows agreement, including conducts by both parties that recognizes the existence of the contract Contract can be found, even if they can’t find the moment of it’s making There can be a contract even if some terms are “left open” o 2-205 Firm Offers An offer By a merchant o Person, corporation or other entity o Who either Deals in such goods or By his occupation presents himself as having knowledge or skills particular to the field or By his employment of others who have knowledge or skill particular to the field Contains assurances that it will be held open and Those assurances are in a signed writing and o “Signed” includes any symbol adopted by a party with present intent to authenticate (validate) a writing o Writing includes printing, typewriting, or any other intentional reduction to tangible form
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 12/20/2011 for the course CONTRACTS 111 taught by Professor Dellinger during the Fall '11 term at Western State Colorado University .

Page1 / 2

Week 4 Contracts - Contracts week 4 - Mutual Assent under...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online