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4. Bill - I will buy 2,000 sweatshirts from you. Tom - OK. You have a deal. Is this an agreement under the UCC? Discuss,

4. Bill - "I will buy 2,000 sweatshirts from you." Tom - "OK. You have a deal."

Is this an agreement under the UCC? Discuss, why or why not?

Presume it was an agreement under the UCC (it may not be). Tell me what term the UCC would imply as far as each term in the agreement above, if it were not listed in the contract:

PRICE PAYMENT TERM

TIME FOR DELIVERY DURATION OF AGREEMENT

LOCATION OF DELIVERY Payment of Freight/Delivery Costs

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