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LSDefine

Simple English definitions for legal terms

merchant exception

Read a random definition: Outer House

A quick definition of merchant exception:

Merchant Exception: When merchants make a deal to sell goods, they usually need to write down the agreement to make it official. But if they don't write it down right away, they can still enforce the agreement if they send a written confirmation of the terms within a reasonable time and the other merchant doesn't object within ten days. This means that even if there's no written agreement, the merchants can still hold each other accountable for keeping their promises. However, they still need to prove that they actually made the agreement in the first place.

A more thorough explanation:

The merchant exception is a rule that applies to contracts for the sale of goods between merchants. It allows an oral agreement to be enforceable if a written confirmation of the terms is sent within a reasonable time and the recipient does not object within ten days of receiving it.

For example, if a car dealer and a parts supplier agree on a price for a shipment of parts over the phone, the parts supplier can send a written confirmation of the agreement to the car dealer. If the car dealer does not object within ten days, the agreement is enforceable even though it was not in writing originally.

It's important to note that the merchant exception only applies to the statute of frauds, which requires certain contracts to be in writing to be enforceable. The parties still need to prove that an agreement was reached.

merchant appraiser | merchant lessee

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JumpySubsequentDolphin
11:16
I told my family I won’t get any decisions until 2025 so they wouldn’t bombard me hahah
no i think there should be a Law School combine with all new drills except there is still the 40 yard dash
and a sub 4.5 gets you into any t14
LSAT can be one of the drills
letsseehowitgoesnow
11:17
so washu only called one person
So all the D1 athletes will get into a T-14. What else is new?
@TheAdoptedOne: that is called "Dean Poker Night" lol
@ClockworkBlue: I feel like most people could train for the 40 for the same amount of time as they do the LSAT and get close to sub 5 which would be equivalent to a 167+
this is like the schizophrenic posts JJK tik tok be putting out
powerscaling Law School deans up next
11:19
Election Day election day
Write in Dean Z vote
11:20
Saw a guy that wrote in Biden and he said no retirement for you buddy
1a2b3c4d26z
11:20
@ClockworkBlue: god I hope that's true
if the country was run the same as Mich Law it would be a better place
Imagine if election night was run by an adcom? Like, "yep, we could get the results Friday, or June 2025."
imagine if it was like Berkley applications
1a2b3c4d26z
11:22
Election status: Complete
1a2b3c4d26z
11:22
For months
triplethread
11:23
erection day
soapy
11:23
Shoutout to Robinhood's election bet not resolving until January
triplethread
11:23
is anyone else like certain that trump will win
ambitiouslizard
11:23
he aint winning
triplethread
11:23
i like being a pessimist
ambitiouslizard
11:24
he lost his re-election, why would he win this one?
1a2b3c4d26z
11:25
I have no idea why people have so much beef w berkeley's app
I've been reading a bit about "herding," which is this idea that pollsters are making the race look tied so they look right no matter who wins.
1a2b3c4d26z
11:26
Like... it's a more involved app but you don't have to do it? They're clearly trying to have some self-selection go on
I 100% agree with the self selection, I also am not even close to touching the medians there. However I think the huge PS plus the video and especially the very specific criteria for the why Berkeley essay is pretty crazy
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