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This discussion will allow you to post an article or video on the discussion topic and to see the results of other students research.

 

This discussion will allow you to post an article or video on the discussion topic and to see the results of other students research. You will review their research and make meaningful comments on their research and answers to the discussion questions. By the end of the discussion, you should have a basic understanding of: Common law contracts. Contracts covered by the Uniform Commercial Code (U.C.C.). Be able to compare and contrast common law contracts and contracts covered by the U.C.C. Preparation Find an article on a breach of contract. Post a link to the article along with a brief summary of the article. Instructions 1. You are required to post your article and answer to the questions prior to viewing other student posts. 2. Post the link to your article. 3. Explain using examples why the article is relevant to the discussion topic. 4. Reply to a minimum of 5 students posts. o This is the minimum 70% To receive more points fully participate and contribute to the discussion. Explain why you though their article and summary contributed to the discussion. 5. Answer the discussion Questions. Discussion Questions Contract law has evolved over time from a set of formal rules established through our common or judge made law, to a set of more fluid statutory laws called the UCC. The UCC (adopted by all 50 states) now governs a quickly flowing market of contracted for goods. One might expect this evolution in a market based economy that relies on the transfer of goods and services as an organizing principle. Interestingly, under the UCC, the court can even fill in some gaps that may appear in an agreement. 1. It what ways does this more modern approach, typified by the UCC, facilitate the efficient buying and selling of goods? How so, or how not? 2. How does does a more fluid, higher volume, more commercial market for goods affect us as consumers? The environment? Poor people? Small business?

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