Ohio § 1301.103

§ 1301.103.

(A) Chapters 1301., 1302., 1303., 1304, 1305., 1307., 1308., 1309., and 1310. of the

Revised Code must be liberally construed and applied to promote their underlying purposes

and policies, which are: (1) To simplify, clarify, and modernize the law governing commercial transactions; (2) To permit the continued expansion of commercial practices through custom, usage,

and agreement of the parties;  and (3) To make uniform the law among the various jurisdictions. (B) Unless displaced by the particular provisions of Chapters 1301., 1302., 1303., 1304.,

1305., 1307., 1308., 1309., and 1310. of the Revised Code, the principles of law and

equity, including the law merchant and the law relative to capacity to contract, principal

and agent, estoppel, fraud, misrepresentation, duress, coercion, mistake, bankruptcy,

and other validating or invalidating cause supplement their provisions.