Illustrates both the common law of contracts

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Come up with a hypothetical scenario that illustrates both the common law of contracts, as well as sales agreements under the UCC. Make absolutely sure that you explain all the important points, starting with when one or the other applies, its purposes, to whom it applies, , etc. Then, make absolutely sure that your hypothetical story illustrates every phase of the formation of enforceable agreements, whether it is under the common law of contracts, the UCC, or both. Among other legal issues, you should address also include, but are not necessarily limited to: steps in the formation of the agreement; duties of all parties; rights of all parties; and defenses to enforceability. Make sure that you identify and explain all possibilities and apply the facts in your scenario to each and every single legal issue.

Reference no: EM132199771

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