A sales contract is an agreement between a buyer and seller covering the sale and delivery of goods, securities, and other personal property. In the United States, domestic sales contracts are ...

A business owner may sign a contract and later realize that he cannot perform under the terms of the contract. If a small-business owner finds himself in that position, he can avoid a lawsuit by not ...

When considering whether software contracts are for the sale of goods or services, most courts turn to the Uniform Commercial Code. Attorneys Richard Raysman and Peter Brown discuss how courts ...

The Uniform Commercial Code, or UCC, is a set of legal rules created by the National Conference of Commissioners on Uniform State Laws and the American Law Institute that help define and guide ...

An explanation of common risk allocation mechanisms in commercial contracts, including indemnification, limitations of liability, termination rights, force majeure, contractual remedies, and insurance ...

Suzanne is a content marketer, writer, and fact-checker. She holds a Bachelor of Science in Finance degree from Bridgewater State University and helps develop content strategies. The UCC standardizes ...

Important provisions in the Uniform Commercial Code (UCC) contain highly problematic elements that undermine Americans’ individual rights and threaten the stability of the U.S. economy. This Tip Sheet ...

Description: A course designed to give students an understanding of laws covering business transactions. Covers uniform commercial code, contracts, negotiable instruments, and sales of personal and ...