UCC and CL - UCC Sales of Goods All American states except...

Info icon This preview shows pages 1–2. Sign up to view the full content.

01/02/2015 : UCC : Sales of Goods : All American states except Louisiana (French Law influence), is ruled under UCC as regards the sales of goods. It is included in their state law. 1) Is it sales of goods or is it something else ? Common law governs contractual transactions with real estate, services, insurance, intangible assets and employment. UCC governs contractual transaction with goods and tangible objects (such as a purchase of a car). They’re technically mutually exclusive, but the UCC says only what it modifies in the CL. 2) If you’re a merchant, reasonnable personn of time (never excceed three months), the offer has to remained open a certain amount of time. 3) Common Law -> Mirror Image. UCC : Pratical Problem. If you are two be delivered a case of merchandise, and on your contract, it’s delivered by UPS, but on the firm’s, it’s Fedex. Under Common Law, no Mirror Image, the deal is dead, but under UCC, « if you’ve agredd under all the material terms, a difference concerning the immaterial terms will not prevent the formation of a contract ».
Image of page 1

Info icon This preview has intentionally blurred sections. Sign up to view the full version.

Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern