CONTRACT TERMS UCC Flashcards

1
Q

UCC ADDITIONAL TERMS

A

additional terms in the acceptance will be included in the contract unless:

  1. materially alters original offer;
  2. offer expressly limits to its terms;
  3. offeror already objected;
  4. objects within reasonable time (10)
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2
Q

UCC MISSING TERMS

A

Price: Reasonable Price at delivery UCC 2
ii. Time: Within a reasonable time
GAP FILLERS

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3
Q

UCC VAGUE TERMS

A

i. Performance – course of contract
ii. Previous Dealings
iii. Trade Usage

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4
Q

IF PARTY IS AWARE OF AMBIGUITY IN TERMS (CONSTRUCTION)

A

iv. In cases where one party is aware of the ambiguity and the other party is not at the time of contracting, a contract will be enforced according to the intent of the party who was unaware of the ambiguity.

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5
Q

COMMUNICATION OF OFFER

A

Oferee must have knowledge. NOTE: Continuing Offer is not for whole and may be accepted multiple times. It only means that the offer or tender will remain open for a specified amount of time and can lead to a binding contract when the required quantity is ordered.

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