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BBA3210 Unit VI Case Study Contract Terms.docx BBA 3210 Unit VI Case Study: Contra

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BBA3210 Unit VI Case Study Contract Terms.docx BBA 3210 Unit VI Case Study: Contract Terms Columbia Southern University Unit VI Case Study: Contract Terms Is this contract subject to Articl... e 2 of the Uniform Commercial Code (UCC)? Why, or why not? Uniform Commercial Code is a state act that that covers commercial activities such as sales and transactions. It is a model formulated to enhance consistency and uniformity in commercial activities within the states. Article 2 of UCC is generally sales and specifically for contracts carried out during sales. It covers sales of movable goods at the time of contract with limited sale and purchase of goods worth $500 and above (Gabriel, 2017). Therefore, the agreement of purchase of an arctic air commercial freezer between Scott Restaurant Company and Big Refrigeration Company is subject to article 2 of UCC since it involves the sale of a movable commodity at the time of contract worth $5. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . [Show More]

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