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Can someone please explain this to me in the simplest way possible? Explain it as if you were explaining it to Forrest Gump.

Specifically, I don't understand the waiver provision. How does it apply? When? What's the whole deal with merchants?

Thanks!

Go to

http://www.law-school-books.com/commercial-law.html

Scroll down to the link on Article 2

There is a good explanation of 2-209 there

Im not I see it, but thanks.

The link is near the bottom of the page

Commercial Law UCC Article Two Law School Website

Then go to 2-209