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U. C. C. - ARTICLE 2 - SALES (2002) - LII Legal Information Institute U C C - ARTICLE 2 - SALES (2002) PART 1 SHORT TITLE, GENERAL CONSTRUCTION AND SUBJECT MATTER § 2-101 Short Title § 2-102 Scope; Certain Security and Other Transactions Excluded From This Article § 2-103 Definitions and Index of Definitions § 2-104 Definitions: "Merchant"; "Between Merchants"; "Financing Agency" § 2-105
UCC Article 2: Sale of Goods Explained - Attorney Aaron Hall Sale of goods, as defined within the scope of UCC Article 2, encompasses a broad range of tangible personal property that is sold for commercial purposes This sale definition facilitates goods classification into various categories, ensuring legal clarity in transactions
What Is a Sale of Goods Agreement? - LegalNature The sale of goods agreement is a legally binding contract that stipulates an item or items to be sold at a predetermined time and at a predetermined price It is an important business tool that protects both the seller and buyer throughout the terms of the business transaction
Uniform Commercial Code (“UCC”) Article 2 | DarrowEverett The UCC standardizes commercial transactions, with Article 2 governing the sale of goods, including high-value deals, alongside the well-known Article 9 on secured transactions
Drafting a Sale of Goods Contract - LegalMatch The sale of goods is a transaction in which one party transfers the ownership of a good to another The sales of goods are governed by sales law (rather than contract law) when it comes to the necessary provisions A contract for the sale of goods is an agreement between two or more people
UCC Fundamentals – A Guide to Article 2 (Sales) - Beresford Booth For those seeking to avoid uncertainty in disputes, Article 2 is your friend and familiarity with its provisions – such as its provisions on acceptance, rejection, revocation of acceptance, implied warranties, and disclaimer of warranties – is a must for businesses involved in the sale of goods