Question

When the parties have not expressly agreed otherwise, Article 2 of the Uniform Commercial Code acts to __________ missing or open terms in a contract for the sale of goods between merchants.

Answer 1

Article 2 of the Uniform Commercial Code acts to fill in missing or open terms in a contract for the sale of goods between merchants.

What is contract?

Contract refers to the agreement between the two parties which is enforceable by the law. The contract must include the monetary conditions and free will of both the parties.

Article 2 of the Uniform Commercial Code acts governs the sale of the goods which provides the rules no been mentioned in the contract by the parties in the written contract.

Thus the act provides the default rules and the gap fillers in the missing or open terms in a contract for the sale of goods between merchants.

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