Distinguish between Article 2 of the UCC, Article 2A and common law when it comes to the essential elements of a contract, that is, offer, acceptance and consideration. Be sure to define and explain these terms. In what way is the UCC Statute of Frauds provision relevant when deciding whether parol evidence is admissible? Explain your answer.

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Distinguish between Article 2 of the UCC, Article 2A and common law when it comes to the essential elements of a contract, that is, offer, acceptance and consideration. Be sure to define and explain these terms.
In what way is the UCC Statute of Frauds provision relevant when deciding whether parol evidence is admissible? Explain your answer.

 

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