Part1 Flashcards
1
Q
UCC vs. Common Law
A
UCC Art. 2: Applies to sales of goods contracts
Common Law (CL): Applies to all other contracts.
2
Q
What are goods?
A
Goods are movable, tangible property.
3
Q
What happens in the case of mixed contracts ?
A
Predominant purpose of the contract determines which law governs.
4
Q
Who is a merchant?
A
(1) A merchant is one who deals in goods of the kind
(2) or he/she has special knowledge or skills about the goods or practices involved in the contract.
