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Replace Image in the Accounting Contract

Replace Image in the Accounting Contract

Aug 6th, 2022

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How to Replace Image in the Accounting Contract

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In this video, the tutorial explains how the Uniform Commercial Code (UCC) alters the common law mirror image rule, which requires the acceptance to exactly match the offer for a contract to exist. For example, if a farmer offers 100 apples for $100 with specific terms, but the businessman accepts the offer while adding a two-day return policy, the acceptance does not mirror the original offer. Under common law, this could mean no contract exists, but under the UCC, the additional term may be valid. This highlights the UCC's more flexible approach to contract formation compared to traditional common law.

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