Instructions Scott Restaurant Company purchased a commercial freezer from Big Refrigeration Company. The written contract between Scott Restaurant Company and Big Refrigeration Company provided that...

ARTICLE 2 OF THE UNIFORM COMMERCIAL CODE (UCC)    5
ARTICLE 2 OF THE UNIFORM COMMERCIAL CODE (UCC)
Article 2 of the Uniform Commercial Code (UCC)
Yes, this contract is subjected to Article 2 of the Uniform Commercial Code. Generally, the Article 2 of the Uniform Commercial Code (UCC) governs contracts and is not applicable to contracts which involve the purchase and sales of goods in the amount of $500 or more. Considering the amount written in the contract between the Scott Restaurant Company and the Big Refrigeration Company which was $5,000 for an Arctic Air commercial freezer and an addition of $1,000 for delivery and installation of the same commercial freezer, it does not invoke the Uniform Commercial Code application as per its governance. However, this contract will definitely make a difference and apply the Uniform Commercial Code because the Big Refrigeration Company is the merchant of over here (Elvy, 2018).
    Speaking in general, Uniform Commercial Code is applicable to contracts which involve parties that have at least one merchant as it describes the term. Those who as a fragment of their business transact with goods of the type covered by the contract are known as merchants. Also, people who have both skills and knowledge of the goods or practices specifically can also be called merchants. In this contract, the Big Refrigeration Company is the merchant which deals in freezers and holds skills and knowledge of the same or relatable goods and practices. This is the sole reason for making this contract subjected to the Uniform...