When merchants negotiate sales contracts

Reference no: EM13298744

When merchants negotiate sales contracts, they often exchange preprinted forms. These "boilerplate" forms usually contain terms that favor the drafter. Thus, an offerer who sends a standard form contract as an offer to the offeree may receive an acceptance drafted on the offeree's own formcontract. This scenario is commonly called the battle of the forms, and it raises important questions: Assume Smith offers to sell Brown 100 chairs at $10 each with a one-year period for action on breach of warranty. Brown copies Smith's offer to his own formthat contains a four-year period for action on breach of warranty preprinted on the back of the form and sends the acceptance to smith. Is there a contract? Why or why not? If so, what are its terms? Please be sure to cited to the Uniform Commercial Code (UCC), which provides guidance in answering these questions.

Reference no: EM13298744

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