Asked by
Victoria Wilson
on Nov 29, 2024
Verified
The UCC and the Restatement make no provision for supplying terms omitted by the parties' contract.
UCC
Refers to the Uniform Commercial Code, a set of laws regulating sales and commercial transactions in the United States.
Restatement
A rephrased or recodified version of legal principles or doctrines aimed at clarifying and simplifying the law.
Omitted Terms
Provisions or clauses not included or specified in a legal document or contract, which can sometimes be interpreted or filled in based on customary practice or judicial discretion.
- Master the key components that are requisite for establishing a valid offer under contract law.
- Know the termination clauses for offers, including revocation and legal changes impacting the offer.
Verified Answer
AN
Learning Objectives
- Master the key components that are requisite for establishing a valid offer under contract law.
- Know the termination clauses for offers, including revocation and legal changes impacting the offer.