First Issue: Applicable Law Flashcards
1
Q
2 parts of law need to know
A
1) CL
2) UCC 2
2
Q
what does CL govern
A
1) Real Estate
2) SERVICE contracts
3
Q
what does UCC 2 govern
A
SALE OF GOODS
4
Q
how to define goods
A
tangible personal property
5
Q
when is the only time amount for sale of goods is relevant
A
SOF. All other times if it is a sale of good apply UCC.
6
Q
what if it is a mixed deal for sale of goods/services?
A
General rule: all or nothing/ MORE IMPORTANT PART governs
7
Q
x/c for mixed deal for sale of goods/services and the gr: more important part governs
A
If contract EXPRESSLY divides payment, then apply UCC to sale of goods and CL to the rest