BUS 623: Write a paper 1250-2000 words on the Uniform Commercial Code (UCC) as it applies to contracts
BUS 623 Topic 3 Legal Relationships Paper GCU
BUS 623: Write a paper 1250-2000 words on the Uniform Commercial Code (UCC) as it applies to contracts.
Write a paper (1,250-2,000 words) on the Uniform Commercial Code (UCC), as it applies to contracts. Discussion should include the following:
- The history of the UCC.
- The current use of the UCC.
- The parties and types of contracts that may be covered by the UCC.
Use the readings from the course and seek out additional information to support your discussion.
Prepare this assignment according to the guidelines found in the APA Style Guide, located in the Student Success Center. An abstract is not required.
You are required to submit this paper 1250-2000 words on the Uniform Commercial Code as it applies to contracts assignment to LopesWrite. Please refer to the directions in the Student Success Center.
The Uniform Commercial Code (UCC) essay assignment
Read the Ace Heating and Cooling scenario in your text and answer the following questions:
a. Under UCC 2-302, who has the best chance of getting out of the contract due to unconscionability?
b. The symbol for justice features a woman wearing a blindfold illustrating that the law should be applied the same way regardless of who the parties are. Does the UCC rule seem to contradict this? Which approach do you think is more ethical?
c. Note that both Glamour and Shady Rest are businesses, and courts rarely find that contracts between two businesses are unconscionable. The rationale is that a business is a sophisticated entity, familiar with transactions and able to protect itself. Do you think Glamour and Shady Rest are in a comparable position in regard to this contract? Why or why not?
Guided Response: Respond to at least two of your classmates, explaining your position and why you agree or disagree with their comments. Do you think the contracts are fair or unfair considering the parties had a disproportionate ability to bargain? Under UCC Section 2-302 the court has the discretion to find the contract unconscionable. Do you think this is a good approach? What other methods to resolve this issue is appropriate?
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