Topic > The pros and cons of contract law - 717

Since the elements to satisfy a real contract being stipulated, with moral and legal promises, have been met, the behavior in which Johnny has performed guarantees a violation of the contract by his part. Also of note is that Johnny is not a merchant under the Uniform Commercial Code (UCC), which defines a merchant as "a person dealing in goods of the kind or otherwise by his occupation being deemed to have peculiar knowledge or skill to the practices or goods involved in the transaction” (American Business Law Journal, 1970). to a higher quality standard.