Grocery, Inc.
Case Scenarios
Learning Team
Law/421 Contemporary Business Law
University of Phoenix November 2014
Grocery, Inc. Uniform Commercial Code UCC
Merchant and Individual
The UCC does not provide for merchant and individual contract agreements.
Contracts
UCC and the Buyer
The UCC provides protection for the buyer.
Promote commercial efficiency by providing standardized procedures.
Week_5 Learning Team "C" Case Scenario Grocery, Inc.
11/16/2014
2
Grocery, Inc. (Renovations)
• • • •
Hiring other companies to perform work Performance guarantee and expectations Delegation of duties Final outcome between Company A versus Company B in the Renovations dispute.
Week_5 Learning Team "C" Case Scenario Grocery, Inc.
11/16/2014
3
Grocery, Inc. (Jeff)
Jeff was 17 when he bought car Paid down payment and $200 for six months Lost job and went to dealer to cancel contract
Week_5 Learning Team "C" Case Scenario Grocery, Inc.
11/16/2014
4
Grocery, Inc. (Jeff)
• Dealership cannot enforce contract • Jeff can avoid contract • Dealership gets car • Jeff may owe more money • Jeff may recover some money
Jeff is still 17
• Contract is enforceable • Dealership Jeff is keeps money now 18 • Jeff keeps car unless repossessed
Week_5 Learning Team "C" Case Scenario Grocery, Inc.
11/16/2014
5
Grocery, Inc. (Cereal, Inc.)
• Gap Filling Provisions of UCC Article 2
• Risk of loss stays with seller until delivery. • Rejection of goods from the Buyer.
• Remedies available to Grocery, Inc. (Buyer)
• Reject the goods • Recover damages • Obtain cover goods
• Remedies available to Cereal, Inc. (seller)
• Withhold delivery of future goods • Resell the goods • Recover lost profit
11/16/2014 6
Week_5 Learning Team "C" Case Scenario Grocery, Inc.
