Grocery Answer for BUS415

Feb 3rd, 2012
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Does Article 2 of the Uniform Commercial Code (UCC) apply to the contracts between Grocery and its vendors? Do common law contracts apply? Explain, in detail, why or why not.

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1) Does Article 2 of the Uniform Commercial Code (UCC) apply to the contractsbetween Grocery and its vendors? Do common law contracts apply? Explain, indetail, why or why not. Your answer should compare and contrast common lawcontracts and UCC Article 2 contracts.Yes Article 2 of the UCC does apply to the contracts between Grocery and theirvendors. Article 2 applies to all contracts for the sale of goods (2-102). The codecontains a somewhat complicated definition of goods (2-105),the most importantthing to understand is that the term goods means tangible personal property.Article 2 does not apply to contracts for the sale of real estate or stocks and bondsand other intangibles. The drafters of the code also tried to promote fair dealingand higher standards of behavior in the marketplace. They attempted to do this inseveral ways in Article 2. The Code imposes a duty on everyone makingagreements under the Code to act in good faith (1-203). The Code also imposescertain standards of quality on sellers of goods as a matter of law.Common law contracts would also apply to the Grocery and their vendors, due tothe mixture of goods and services. Common law would apply to the serviceelement that is predominant in the contract with regards to the delivery of thegoods. (Barnes, J). The difference between Article 2 and common law is that ifthe contract is for the sale of goods then Article 2 would apply, if it is not thenthe principles of common law u

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