Many times we have a contract in front of us and we merely scan it and then sign it. Discuss what...

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Many times we have a contract in front of us and we merely scan it and then sign it. Discuss what makes contracts difficult to read or comprehend.B.Identify and then explain the two most important elements of a contract that every manager should know about. Support your answer with an example or rationale.C.Explain whether the UCC clarifies how goods are sold or makes it more confusing. Use examples or other support for your answer.D.From the comparison you conducted in the e-Activity, discuss whether or not a manager would likely need to have a complete picture of the UCC in each state. How much does a manager really need to know about the state’s UCC in which she/he sells goods?
	
Document Preview: 1A. Many times we have a contract in front of us and we merely scan it and then sign it. Discuss what makes contracts difficult to read or comprehend.B.Identify and then explain the two most important elements of a contract that every manager should know about. Support your answer with an example or rationale.C.Explain whether the UCC clarifies how goods are sold or makes it more confusing. Use examples or other support for your answer. D.From the comparison you conducted in the e-Activity, discuss whether or not a manager would likely need to have a complete picture of the UCC in each state. How much does a manager really need to know about the state’s UCC in which she/he sells goods?

David · Accepted Answer

A. Many times we have a contract in front of us and we merely scan it and then sign it. Discuss what makes contracts difficult to read or comprehend.
Answer
A contract can have a couple of pages to a few hundred pages consisting of two components, common for almost all the contracts and specific components. The common portion of the contract is permanent part in any country across the industries but the specific portion is often very lengthy consist of legal languages and jargons. For a common person who does not have training in legal matters, it is difficult to read and comprehend those highly standardized and legalized languages. Though, this specific section of the contract has all the details relating to business in legal language. Because of inability to understand, people prefer to sign documents without reading on the advices of their legal advisors.
B.

Many times we have a contract in front of us and we merely scan it and then sign it. Discuss what makes contracts difficult to read or comprehend. B.Identify and then explain the two most important...

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