Applicable Law

Question 1

A2 of the UCC applies to what type of contracts?

Answer 1

Sale of goods

Question 2

What are goods?

Answer 2

Tangible, personal property

Question 3

Under what law are real estate transactions governed?

Answer 3

CL

Question 4

Under Conviser’s agreement with Epstein to buy E’s car, E is also obligation to provide Conviser with two lessons in parallel parking. Does Article 2 apply if there is a disagreement about the parking lessons? Explain.

Answer 4

Yes. Applicable law applies “all or nothing” depending on the most important part of the deal. Here, the sale of the car (goods) is the most important, so UCC covers the whole transaction.

Question 5

What is the exception to the “all or nothing/most important part” rule for contracts?

Answer 5

If a k expressly divides payment, then apply the UCC to the sale of goods part and CL to the rest.

Question 6

Conviser contracts to buy a yo yo and yo yo lessons from Yo Yo Ma. The k says that the yo yo is $10 and the lessons $10,000. Does Article 2 apply if there is a dispute with Yo Yo Ma? Explain.

Answer 6

No. Payment here is divided, so UCC covers the yo yo itself and cl covers the lessons with Yo Yo Ma.