How to Approach a Contract Law Fact Pattern: Introduction to Contracts

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🎬 VIDEO INFO
How to Approach a Contract Law Fact Pattern: Introduction to Contracts
Learn more: studicata.com

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[@marksman9249]

HI Michael, I have a question that I just need to clarify since its important for the whole analysis. You mentioned the first issue in the analysis is " whether the contract is governed by the UCC or the common law? Second issue being whether a traditional enforceable contract is formed? If the answer to the first issue is UCC, then second issue cant be "traditional" enforceable contract am I right? what would th second issue of the analysis be in that case? Thanks a lot in advance.

[@MilesNelgez]

Great question marks man. I'd like to know the answer to this question as well.

[@marksman9249]

@@MilesNelgez I believe traditional enforceable contract means offer, acceptance and consideration with no defenses that would make the contract invalid. Other contracts are those formed by court such as Quasi contract, promissory estoppel etc. So traditional enforceable contract is both UCC and Common law.

[@MilesNelgez]

​@@marksman9249 Yes, a traditional enforceable contract can exist both under the common law and the UCC. That should answer your initial concern regarding: "If the answer to the first issue is UCC, then second issue cant be "traditional" enforceable contract"

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