Video

  • 18 minutes

Battle of the Forms Basic Advice and Contracting Minimum Requirements

 
Our speaker’s basic advice to Article 2 is two-fold – there is simply no substitute for reading the documents; and if you don’t like what you see, keep on reading. Read the contacts, understand them, the proposed terms and conditions, and make sure they are exactly what you want them to be and if they aren’t then negotiate to get them fixed. If you’re finding results under Article 2 that are not the kind of results you would like to achieve just keep reading. Article 2 is a codification of common law so generally speaking, if there is a rule, there is an exception and an exception to an exception.

In this 17-minute video our speaker, Darrell W. Pierce, reviews basic Article 2 goals and key misconceptions. He also discusses minimum requirements of enforcing contracts and how Article 2 will supplement the agreement to provide other relevant terms, including warranties and price. Mr. Pierce also discusses electronic contracting and the need to embrace email when dealing with these types of contracts. He wraps up this video with a discussion of adequacy of consideration and firm offer exceptions.

Darrell W. Pierce is a member of Dykema Gossett PLLC in Ann Arbor, Michigan. He focuses on corporate and commercial transactions, particularly those governed by the Uniform Commercial Code. Mr. Pierce has more than 30 years of experience in the practice of corporate and commercial law.
Runtime: 17 minutes

Faculty

Darrell W. Pierce

Darrell W. Pierce

Dykema Gossett PLLC