Modifying a Contract

The video discusses contract modification under common law and the UCC, emphasizing the need for consideration and writing requirements, especially under the Statute of Frauds. It highlights exceptions for merchants and jurisdictional differences in enforcing modification clauses. The importance of writing in the sale of goods is also covered.

What is generally required for a modification to a contract under common law and the UCC?

What role does consideration play in the modification of a contract?

Under what circumstances might a unilateral modification be unenforceable?

How does the Statute of Frauds affect the requirement for modifications to be in writing?

What should one check regarding the law in their jurisdiction when dealing with contract modifications?