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Common law is much stricter about contract acceptance than the ucc when parties are communicating at a distance common law follows the mailbox rule if you need help with common law contracts vs ucc you can post your legal need on upcounsels marketplace upcounsel accepts only the top 5 percent of lawyers to its site. Common law and ucc contracts a short comparison look inside law books ogidi on amazoncom free shipping on qualifying offers common law and ucc contracts a short comparison look inside. Common law each states courts in the course of time reaffirmed amended or rejected the english rules and in that way each state developed a common law of its own in industrial acceptance corporation v webb 287 sw 657 missouri the court in defining the application of the common law in the united states said 5. Common law contracts can be either bilateral or unilateral additionally all common law contracts must contain valid consideration this means that there must be a bargained for exchange of acts or promises and both parties must incur new legal detriment or obligations as a result of the contract. Common law common l co together munis service gift exchange to exchange together this emerged basically in england out of disputes over a portion of the earth in allodium sovereign ownership of land and was based on common sense so common law is the law of the earth