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Imagine you are a senior manager in a U.S.manufacturing firm,procuring component parts and services from various states. What is required for a valid contract? Explaincontract

Imagine you are a senior manager in a U.S.manufacturing firm,procuring component parts and services from various states.

  • What is required for a valid contract?
  • Explaincontract formation anddifferences pursuant to common law versus the Uniform Commercial Code.
  • Why is it important to distinguish and identify which applies in business?
  • Research one breach of contract case involving two U.S.businesses this year(2020).
  • Explain the facts of the case,the dispute,and the outcome or issue before the court.
  • Post and show your source for information.
  • Which party do you agree with and,why?

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