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It is only later, after problems arise, that merchants also will discuss or argue about many more specific terms such as: "Where will the goods be delivered?
" or "Is the buyer under any obligation if the goods are slightly defective?
These chapters will give you an idea of some of the issues covered by the UCC but should not be relied on to solve any particular problem. The Uniform Commercial Code (UCC) is a "code" or a "collection of statutes." This is the type of law that may be adopted by all U. The other source of law is "case law" or "common law." For centuries, courts have been in the business of resolving disputes.The UCC takes a very pragmatic and common sense approach to commercial transactions.It is usually not precise and does not provide exact rules.This discussion also is a very brief and general attempt to give you some idea of how a few of the UCC code sections work.As usual, however, you should not rely on any portion of this book to provide you with a legal solution to any specific problem.
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The Uniform Commercial Code Article 2 on the Sale of Goods is basically a codification of existing commercial law.