1.Regarding Chapter 18, discuss the keydifferences/similarities in the approach taken by the UCC vis-a-vis the common law of contracts toward the contracts formation process. What are the stated goals of the UCC? How does this process further or inhibit the accomplishment of these aims?

2.Consider the entrustmentrule, especially theLindholmdecision (discussed in Chapter 19). Discuss the rationale behind this rule. Why is there so much deference given to the buyer in the ordinary course of business/good faith purchaser for value?

3. As with the Common Law, the remedies discussed in Chapter 20 that are available for breach under the UCC seek to compensate, not punish. Why are punitive damages not typically awarded for breach of contract claims?