contract essays

Question 1

requirements for a contract

Answer 1

(1) offer

(2) acceptance

(3) mutual assent

(4) sufficiently definite terms

Question 2

when parties cannot agree on a term and the term knocks out … but parties still perform …how will UCC gap provision apply?

Answer 2

when a K for the sale of goods involves repeated occasions for performance by either party with knowledge of the nature of the perofamcne and opportunity for objection to it by the other, any course of performance accepted or acquiesced to without objection is relevant to determine the meaning of the agreement