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Uniform Commercial Code (“UCC”)
Before you enter into transactions involving the sale of goods, make sure you know the basics about the Uniform Commercial Code (the “UCC”). The UCC is a comprehensive set of rules governing the sale of goods and other commercial transactions. It has been adopted in some form in every state. You’ll want to be familiar with the general rules covered by the UCC so that you can avoid making common business transaction mistakes.
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UCC
UCC
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Here's some background on this very large collection of legal rules governing many important business and commercial activities.
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Which Transactions the UCC Doesn't Cover
There are many business-related contracts that the UCC does not cover, including real estate contracts, service contracts, and employment contracts.
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UCC Rules for Sale of Goods Contracts
Find out what the UCC standards are regarding contracts for the sale of goods.
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UCC Sales Contracts: Warranties
The buying and selling of goods generally involves a variety of express and implied warranties. Find out more about warranty rules under the UCC.
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When Is a Written Contract Required Under the UCC?
Written agreements are only required in certain transactions under the UCC. Learn the rules for written contracts and the statute of frauds for sales contracts, leases, and security interests in commercial transactions.
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What Is the Seller's Performance Under the UCC
When it comes to contracts related to the buying and selling of goods, the UCC contains various rules regarding the seller’s performance.
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What Is the Buyer's Performance Under the UCC?
The UCC contains various rules regarding buyer’s performance. Key among these are rules regarding payment, inspection, rejection, and revocation.
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The UCC and Commercial Lease Contracts for Goods
Leases versus secured transactions: learn the difference.
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Attaching and Perfecting a Security Interest Under the UCC
Learn the rules about how to attach and perfect a security interest under the UCC.
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What Are Negotiable Instruments Under the UCC?
An overview of a few of the most basic UCC rules for how checks, promissory notes, and other negotiable instruments work.
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Battle of the Forms Under the UCC
When a buyer and seller's order forms are different, how do you sort out contract terms in a dispute?
