Uniform Commercial Code in a NutshellScope of Article 2 Sales; The Contract for Sale; Property Incidents of the Contract for Sale; Seller's Warranty Obligations; Performance of the Contract for Sale; Remedies; Rights of Third Parties-Purchasers From and Creditors of Seller and Buyer; Bulk Sales; Sale of Investment Securities; Process of Paying for Goods with Negotiable Instruments; Negotiability Concept -- Rights of Takers of Negotiable Instruments; Liabilities of Parties: Contract, Transfer Warranty, Tort; Relationship Between Payor Bank and its Customer; Bank Collection Process; The Process of Shipping and Storing Goods Covered by Documents of Title (Warehouse Receipts, Bills of Lading); Obligations of Bailee-Warehouseman or Carrier; Process of Financing the Sale of Goods: Secured Transaction; Pre-Code Personal Property Security Law; UCC Article 9; Entire Commercial Transaction Made Pursuant to a Letter of Credit; Process of Leasing Goods; Scope of Article 2 Leases; Lease Contract: Property Incidents and Warranty Obligations; Effect of Lease Contract. |
Contents
Buyers Rights on Improper Delivery_Reject or | 6 |
TABLE OF CITATIONS TO THE UNIFORM COMMERCIAL CODE XLV | 7 |
PART ONE THE PROCESS OF SELLING | 1 |
Copyright | |
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Common terms and phrases
acceptance agreed Article 9 bailee bill of lading breach buyer in ordinary Buyer's right carrier CISG clause Code collateral Comments commercial consequential damages consumer Cont'd contract for sale course of business debtor default defective defense deliver Depositary Bank discussed draft Drawee due course enforce Example Express warranties faith filing financing statement former holder in due implied warranty indorsement infra insolvent inventory issues lessee letter of credit liability lien creditor ment merchant money security interest negotiable instrument non-conforming notification obligation ordinary course party's payable Payee payment Payor Bank perfect tender rule perfected performance possession pre-Code priority provisions purchase money security reasonable received recover rejection remedies requirements risk of loss rule Section secured party security agreement sell seller shipment signature statute of frauds strict liability supra takes third parties tion tort transfer UCC Article UCC Hornbook Uniform Commercial Code