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UCC FINANCING STATEMENT AMENDMENT ADDITIONAL PARTY UCC3AP P65 Form

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UCC FINANCING STATEMENT AMENDMENT ADDITIONAL PARTY UCC3AP P65 Form

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okay in an offer and an acceptance of that offer what happens if the acceptance includes additional terms uh in the agreement um well under the uccc it's a little bit different than under the common law where you have the mirror image rule and any additional terms uh constitute a rejection of the offer and then a counter offer again Under the UCC takes a little bit different approach if Under the UCC there is an unequivocal equal acceptance of the agreement but there is somehow inclusion of additional terms if the parties are not uh Merchants okay if the parties are not Merchants then the acceptance that uh seeks to include additional terms are mere suggestions okay so you still have a base underlying contract and their suggestion for adoption of those additional terms if the offeror responds affirmatively to adopt those terms yes it becomes a part of the contract no response or um uh Express rejection of the additional terms they are not part of the underlying agreement so jus

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