Vocabulary Flashcards
1
Q
Goods
A
Are all things moveable at the time they are identified as the goods to be sold under the contract.
2
Q
UCC Applicable Law
A
The UCC applies to contract of the sale of goods.
3
Q
Merchant
A
The ucc has special rules that apply to merchants. A merchant is a person who regularly deals in goods of the kind sold or otherwise holds himself out as having knowledge or sills peculiar to the goods involved
4
Q
Quasi-Contract
A
Equitable Remedy
_ They are constructed by court to avoid unjust enrichment by permitting the P to bring an action in restitution to recover the amount of the benefit conferred on the D.
