Additional Terms in Acceptance under UCC

Additional Terms in Acceptance under UCC

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The video tutorial explains the differences in handling additional terms in contracts under the UCC compared to common law. For non-merchant parties, additional terms are suggestions unless explicitly accepted. For merchant parties, additional terms are included unless they materially alter the contract or are expressly rejected.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What happens if the acceptance includes additional terms under the UCC?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the treatment of additional terms differ between merchants and non-merchants?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What occurs if the offeree specifically states that they do not accept unless certain terms are included?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of the term 'materially alter' in the context of additional terms in a contract?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

In what situation do additional terms not become part of the underlying agreement?

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OFF