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Contracting Issues in Agriculture

This comprehensive overview addresses essential contracting issues in agriculture, focusing on critical elements such as offer, acceptance, and consideration. It delves into the requirements for valid contracts, including the capacity to contract and the necessity for written agreements under the Statute of Frauds. Explore common contract clauses, remedies for breach, and the implications of anticipatory breach. Gain insights into the Uniform Commercial Code (UCC), particularly its definition of a merchant and the role of implied warranties. Essential reading for agricultural professionals navigating legal frameworks.

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Contracting Issues in Agriculture

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Presentation Transcript

  1. Contracting Issues in Agriculture

  2. Disclaimer

  3. Objectives:

  4. Overview

  5. Contract elements

  6. Offer

  7. Acceptance

  8. Counter-offer

  9. Consideration

  10. Performance

  11. Other valid contract requirements

  12. Capacity to contract

  13. Legally Contracted For

  14. Proper Form: A Written Contract or an Oral Contract?

  15. Proper form

  16. When is a written contract required?

  17. Statute of frauds

  18. Contracts that cannot be performed in One-Year

  19. Statute of frauds requirements

  20. Exceptions to the statute of frauds

  21. Written vs. oral contracts

  22. Basic Contract Law Principles

  23. Basic principles

  24. Basic principles

  25. Basic principles

  26. Basic principles

  27. Basic principles

  28. Breach of Contract Remedies

  29. Contract remedies

  30. Contract remedies

  31. Contract remedies

  32. Basic Principles of Commercial Law

  33. Uniform commercial code

  34. Missing contract terms

  35. Missing contract terms

  36. Anticipatory breach

  37. Damages for anticipatory breach

  38. Damages for anticipatory breach

  39. Who is a “Merchant”?

  40. Who is a “Merchant”?

  41. UCC’s modified Statute of frauds

  42. UCC’s modified Statute of frauds

  43. UCC’s modified Statute of frauds

  44. UCC’s Implied warranties

  45. UCC’s Implied warranties

  46. Waiver of Implied warranties

  47. Common Contract Clauses

  48. Common contract clauses

  49. Common contract clauses

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