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A contract is an agreement enforceable by law and there are two sources of contract law: common law of contracts and the Uniform Commercial Code
A contract is an agreement enforceable by law and there are two sources of contract law: common law of contracts and the Uniform Commercial Code (UCC).
- Distinguish between common law and the UCC as to how a contract is formed and what the required elements are for creating a binding contract under each.
- What makes an expressed, implied, and quasi-contract void, voidable and unenforceable and provide an example for each. Be sure to explain these terms.
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Financial Accounting and Reporting
Authors: Barry Elliott, Jamie Elliott
14th Edition
978-0273744535, 273744445, 273744534, 978-0273744443
