Mississippi Merchant's Objection to Additional Term

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US-02465BG
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Description

Unless it is expressly specified that an offer to buy or sell goods must be accepted just as made, the offeree may accept an offer and at the same time propose an additional term. This is contrary to general contract law. Under general contract law, the proposed additional term would be considered a counteroffer and the original offer would be rejected. Under Article 2 of the UCC, the new term does not reject the original offer. A contract arises on the terms of the original offer, and the new term is a counteroffer. The new term does not become binding until accepted by the original offeror. If, however, the offer states that it must be accepted exactly as made, the ordinary contract law rules apply.

In a transaction between merchants, the additional term becomes part of the contract if that term does not materially alter the offer and no objection is made to it. However, if such an additional term from the seller operates solely to the seller’s advantage, it is a material term and must be accepted by the buyer to be effective. A buyer may expressly or by conduct agree to a term added by the seller to the acceptance of the buyer‘s offer. The buyer may agree orally or in writing to the additional term. There is an acceptance by conduct if the buyer accepts the goods with knowledge that the term has been added by the seller.

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FAQ

Statutes of Limitations in Mississippi Injury to PersonThree years (Miss. Code § 15-1-49)ContractsWritten contract: Three or six years (Miss. Code § 15-1-49(1) and Miss. Code § 75-2-725) Oral contract: One, three, or six years (Miss. Code § 15-1-29 and Miss. Code § 75-2-725)8 more rows

Pursuant to Section 75-24-15, private individuals may also bring an action against deceptive practices of another and can recover actual damages. Class action is not permitted under the Chapter. The Court has the discretion to grant the prevailing Defendant costs and reasonable attorney fees.

(1) An action to enforce the obligations of a party to pay a nonnegotiable promissory note payable at a definite time must be commenced within six (6) years after the due date or dates stated in the promissory note, or if a due date is accelerated, within six (6) years after the accelerated date.

An accessory before-the-fact is a person who aids, abets, or encourages another to commit a crime but who is not present at the scene. An accessory before the fact, like an accomplice may be held criminally liable to the same extent as the principal.

Statutes of Limitations in Mississippi Injury to PersonThree years (Miss. Code § 15-1-49)Collection of Debt on AccountThree years (Miss. Code § 15-1-29 and Miss. Code § 15-1-31)JudgmentsSeven years for domestic and foreign judgments (Miss. Code § 15-1-43)7 more rows

Breaches occur three different ways: failure to perform the contract, hindering the other party from performing, and repudiation, which is declaring your intent not to perform the contract.

Except as otherwise provided in this section or unless excluded or modified (Section 75-2-316), a warranty that the goods shall be merchantable is implied in a contract for their sale if the seller is a merchant with respect to goods of that kind.

So, for example, the three-year statute of limitation applies to a wide-range of (but not all) claims for simple negligence (such as a car wreck), breach of written contract, premises liability, products liability, and many others.

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Mississippi Merchant's Objection to Additional Term