Many times we have a contract in front of us and we merely scan it and then sign it. Discuss what makes contracts difficult to read or comprehend. Next, identify and then explain the two most important elements of a contract that every manager should know about.
Discuss whether or not a manager would likely need to have a complete picture of the UCC in the state in which he / she sells goods. More information about this topic can found here http://www.law.cornell.edu/uniform/ucc.html, Please look up Washington, D.C. and Maryland or Virginia to be able to compare if you need to.