Discussion Post
Watch the YouTube video "Contracts: The Uniform Commercial Code" and answer the following questions:
• What is the Uniform Commercial Code (UCC)?
• Is the UCC binding in every jurisdiction?
• What is the firm offer rule? Give an example.
• What is the mirror image rule?
• What is the gap filler rule?
• What is the risk of loss?
• Give an example of when the risk of loss passes to the buyer?
The response should include a reference list. One-inch margins, Using Times New Roman 12 pnt font, double-space and APA style of writing and citations.