Asked by
Taylor DeFilippo
on Dec 19, 2024
Verified
The UCC states that an agreement sufficient to constitute a contract cannot exist if the moment of its making is undetermined.
UCC
Short for Uniform Commercial Code, it's a set of laws that provide legal rules and guidelines for commercial transactions in the United States.
Constituting Contract
An agreement that establishes the rights and obligations between parties.
- Understand the scope and application of the Uniform Commercial Code (UCC) in regulating sales and leases of goods.
Verified Answer
ZZ
Learning Objectives
- Understand the scope and application of the Uniform Commercial Code (UCC) in regulating sales and leases of goods.