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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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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Commercial Lease Contract Defaults Under the UCC
Find out what constitutes default under a UCC-governed lease agreement involving vehicles or equipment or machinery -- and what remedies are available.
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