Question
Regular contracts have three requirements; offer, acceptance, and consideration. UCC contracts only require a general sense of agreement, and that good faith is required between
Regular contracts have three requirements; offer, acceptance, and consideration. UCC contracts only require a general sense of agreement, and that good faith is required between the parties. Another difference between the two is that regular contracts can have "substantial performance," but UCC imposes "Perfect Tender." What is the Perfect Tender rule? How does it work?
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Business Law and the Regulation of Business
Authors: Richard A. Mann, Barry S. Roberts
10th edition
0324786603, 978-0324786606
