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Common terms and phrases
acceptance action agreed amount Appeals apply Article 9 bank's bill of lading breach buyer carrier cash cashier's check certificate CISG claim clause collateral consequential damages consumer creditor Dealer debtor default defective defendant delivered delivery deposit depositary bank depositor dishonor documents draft drawer due course express warranty Federal filing financing statement Firstbank fraud holder in due implied warranty indorsement judgment letter of credit liability lien limited loan Main Motors manufacturer ment merchant Negotiable Instruments notice obligation owner paid payable payee payment order payor bank person plaintiff possession Problem Professor of Law reasonable receipt received Regulation CC remedy restrictive endorsement risk of loss rule sales contracts Section secured party security agreement security interest seller shipment statute stop payment summary judgment supra tender tion transaction transfer trial court UCIT Uniform Commercial Code warehouse