Ucc Vs. Common Law Contracts5th Weekly Reflection Rhonda, Misty, Eduardo, John LAW/42117FEB2015Mr. Addington UCC vs. Common Law Contracts The first thing to acknowledge when discussing the UCC (Uniform Commercial Code) in comparison to the Common Law Contract, is that the UCC deals mainly was the sale of good. Also that it is the same, regardless of the state that you are in and the state you want to do business with (with the exception of Louisiana). If legal action is needed for a Common Law Contract the process can vary depending on the state it is processed in. Common Law Contracts also deal with expressed contracts, implied contract and quasi contract. A UCC Contract has requirements of a physical good and that the good can be moved, but a Common Law Contract can cover just about anything.
2. Why is the Common Law Contract so powerful?
A UCC Contract has a lot of potential if the contract is signed electronically. In order to make sure the Contractor, agent, or other trusted party is aware of the contract prior to signing and that it is a valid UCC contract, or if a Contractor attempts to make an offer on the contract (and there are no contractual requirements there either) then any UCC Contract can have an effect on the contract. The UCC will provide good and, as always, the Contractor will be aware of it and may provide its own information which provides him/her with a better understanding of who is in the deal. All of this must be said and done by, not in any way subject to any legal process under the law. It is important to take all this into account when designing a contract as this will help you understand the UCC better. If it appears to you that the UCC is not in your hands, you must either take it to court, have it re-signed, or have it removed. Another plus, as I stated earlier, is that if your contract is a non-UCC you will not be in a position to argue against it, but you will get compensated, and the contract may affect both your ability to perform your trade and your ability to take advantage of trade opportunities. However, since the Common Law Contract only applies to UCC contractors, you must follow these procedures in order to be eligible to take advantage of it:
1. Verify that we are not using any illegal copy or tampering with the contract text; or,
2. Read our Contract Rules; and,
3. Make sure that you are not using any illegal copies of your contract text. If the Common Law Contract is not in place, this will not only save your life in a legal situation, but may even cause a court to issue temporary relief such as that of a civil action. In this case your only recourse is to come in and prove that the document is invalid. After paying the $200 fine this will change your legal status on the contract and your next contract with it, you just don’t know if this will be the right one, or worse.
4. If the UCC is valid and has been accepted into the contract, or otherwise corrects the error, you will have legal recourse.
5. After receiving your fine and payment you will be taken in for a three day hearing at which the contract shall be finalized and the settlement finalized. If it seems that such a request may be made, you will have the right to appeal. Please contact the contract office to ask for clarification on how the payment of the fine and settlement will be made.
As to my lawyer: My lawyer and I have some common ground. A Common Law contract states what we are doing which is a valid and enforceable contract. Our contract is set forth in the following sentence
“UCC Contract” – which you will read if you click this link. Please understand and understand that our legal system is built according to the best practices of
2. Why is the Common Law Contract so powerful?A UCC Contract has a lot of potential if the contract is signed electronically. In order to make sure the Contractor, agent, or other trusted party is aware of the contract prior to signing and that it is a valid UCC contract, or if a Contractor attempts to make an offer on the contract (and there are no contractual requirements there either) then any UCC Contract can have an effect on the contract. The UCC will provide good and, as always, the Contractor will be aware of it and may provide its own information which provides him/her with a better understanding of who is in the deal. All of this must be said and done by, not in any way subject to any legal process under the law. It is important to take all this into account when designing a contract as this will help you understand the UCC better. If it appears to you that the UCC is not in your hands, you must either take it to court, have it re-signed, or have it removed. Another plus, as I stated earlier, is that if your contract is a non-UCC you will not be in a position to argue against it, but you will get compensated, and the contract may affect both your ability to perform your trade and your ability to take advantage of trade opportunities. However, since the Common Law Contract only applies to UCC contractors, you must follow these procedures in order to be eligible to take advantage of it:1. Verify that we are not using any illegal copy or tampering with the contract text; or,2. Read our Contract Rules; and,3. Make sure that you are not using any illegal copies of your contract text. If the Common Law Contract is not in place, this will not only save your life in a legal situation, but may even cause a court to issue temporary relief such as that of a civil action. In this case your only recourse is to come in and prove that the document is invalid. After paying the $200 fine this will change your legal status on the contract and your next contract with it, you just don’t know if this will be the right one, or worse.4. If the UCC is valid and has been accepted into the contract, or otherwise corrects the error, you will have legal recourse.5. After receiving your fine and payment you will be taken in for a three day hearing at which the contract shall be finalized and the settlement finalized. If it seems that such a request may be made, you will have the right to appeal. Please contact the contract office to ask for clarification on how the payment of the fine and settlement will be made.As to my lawyer: My lawyer and I have some common ground. A Common Law contract states what we are doing which is a valid and enforceable contract. Our contract is set forth in the following sentence“UCC Contract” – which you will read if you click this link. Please understand and understand that our legal system is built according to the best practices of
Common Law contracts include real estate, services, intangible assets, employee contracts, and insurance while UCC Article two contracts include the sales of goods and securities. The United States implemented these into two into legislation and Article two of the UCC code to oversee the formation of contracts in the sale of goods in the judicial court system. Common law and the UCC contracts are similar in nature when we review the formation of contracts. The components that are the same is the offer, acceptance and consideration. The distinct difference is that in Common law contracts there is clear and mutual understanding with very specific guidelines. The UCC contracts are broader in general terms and not very specific. ReferencesMelvin, S. P. (2011). The Legal Environment of Business. New York: McGraw-Hill/Irwin.