9. Under Article 2 of the UCC why does it matter where a part to a contract is a
ID: 2601148 • Letter: 9
Question
9. Under Article 2 of the UCC why does it matter where a part to a contract is a merchant
a. Merchants under some rules are treated differently than other parties and must meet higher standards
b. All contracts in which one or bot parties are merchant are handled under Article 2A of the UCC
c. It is the test for applying ARticle 2 of the UCC
d. Merchants are excused from the provisions of Article 2 of the UCC
10. If one or more terms are left open (not agreed upon) under Article II the court will enforce the contract if
a. the parties clearly intended to create a contract
b. the court has some reasonably certain basis to supply the missing terms
c. Both of the above (a &b ) are needed to enforce the agreement
d. None of the avove. court will not supply missing terms with the greement being void
Explanation / Answer
9.
Option a, Merchants under some rules are treated differently than other parties and must meet higher standards
10.
As per § 2-204(3), if parties intended to make a contract and court have reasonable basis than court will enforce contract. Thus, Option C is correct.
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