Sources of contract law

Question 1

UCC vs common law

Answer 1

Common law applies to all contracts. UCC applies to sales of goods only

Question 2

Sale of goods

Answer 2

Sale: transfer title of goods
Goods: any movable item. NOT intangibles, money, legal claims, services, or REAL PROPERTY

Question 3

Hybrid contracts

Answer 3

Apply the law that matches the “predominant purpose” of the transaction

• Contract language
• nature of supplier’s business
• value of goods vs value of services