Question
In two (2) paragraphs (no less than 150 words), please explain the following: Topic : Explain the general purpose of the U.C.C. and the role
In two (2) paragraphs (no less than 150 words), please explain the following:
Topic: Explain the general purpose of the U.C.C. and the role of the U.C.C. in contract law.
(5 points)
Part II.
In one (1) paragraph, explain the options for breach of contract in a UCC contract. (3 points)
Part III.
a. Compare and contrast common law and UCC contracts. (2 points)
b. Assess three (3) differences between these types of contracts. (2 points)
c. Provide an original example of a UCC contract in up to four (4) sentences. (2 points)
d. Provide an original example of a common law contract in up to four (4) sentences. (2 points)
e. Explain when a morals clause may be used in an employment contract in up to three (3) sentences. (2 points)
f. Explain when a non-disclosure agreement may be used in an employment contract in up to three (3) sentences. (2 points)
Rubric and Program Goals:
Supporting concepts to include in your essay for Part I: What types of contracts are covered by the U.C.C.? How was it formed and adopted by states?How does the U.C.C. relate to business law? What issues can arise with U.C.C. contracts?Explain and provide examples of how acceptance, consideration, and breach differ from common law and UCC contracts. Use only original concepts and writing and do not quote or cut-and-past any items. APA in-text citations and reference list is required for this submission (up to 3 point reduction for this section)
Goal of Assignment:
Students should be able to communicate the role of the U.C.C. in contract law, recognize the differences between U.C.C. and common law contracts, and understand how the U.C.C. impacts business transactions.Students should be able to share relevant and applicable examples of contract concepts and clauses.
Sources & APA citations:
At the end of the essay, include a References section using APA 7th edition guidelines.
In -text citations are required. Place the reference list in this assignment at the end of the submission in APA format. Students will include at least three (3) sources, including the textbook.
APA citations are required; up to 8 point reduction for this section for lack of citations, lack of APA format in reference list or in-text citations, lack of in-text citations.
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