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... Code, in large measure, governs the conduct between merchants and other parties dealing with merchants. The Uniform Commercial Code establishes legal principles that control many business transactions. For instance, when you buy a piece of exercise ... payments, then the lender has the right to foreclose and to sell your property at public auction. The Uniform Commercial Code also deals with negotiable instruments. A negotiable instrument is any instrument that may be negotiated or sold for value. ...

... his post, entitled, "If your U.S. client trades abroad, the UCC won't always give you the answer." Hull has this to say: If ... months, deals are struck and goods change hands. In cases of international sales of goods, the Uniform Commercial Code--or UCC, adopted by 49 states to create a standardized law ... International Sale of Goods (1980)(often referred to as the "CISG"). A multinational treaty that provides a uniform law for international sales of goods, the CISG was signed in 1980--and has been ...

... months, deals are struck and goods change hands. In cases of international sales of goods, the Uniform Commercial Code--or UCC, adopted by 49 states to create a standardized law ... International Sale of Goods (1980)(often referred to as the "CISG"). A multinational treaty that provides a uniform law for international sales of goods, the CISG was signed in 1980--and has been ... Fed. Reg. 6262, 6264-6280 (March 2, 1987); United States Code Annotated, Title 15, Appendix (Supp. 1987). We were trying quickly ...

... seeks damages for death or personal injury based on a breach of implied warranty cause of action under the Uniform Commercial Code seeks damages in tort and is accordingly subject to Chapter 33 of the Texas CPRC, the comparative responsibility ... use by inmates. To reach that result, the majority had to hold that the breach of implied warranty claim under the UCC constitutes a tort claim covered by the comparative responsibility provisions of Chapter 33 of the Texas Civil Practice & Remedies ...

... offer their thoughts on issues arising under the Uniform Commercial Code or commercial laws. The blog is off to a lively start with daily postings on all sorts of topics, including the status of Revised Article 1 of the UCC, contracts of adhesion, and ... three cases failed (and I'm in agreement with Prof. Martin about the correctness of those rulings), it's fun to think about how the UCC applies to so many ordinary transactions and to question how these doctrines hold up to shifting societal norms. ...

Gregory E. Maggs (George Washington University Law School) has posted Karl Llewellyn's Fading Imprint on the Jurisprudence of the Uniform Commercial Code on SSRN. Here is the abstract: When Karl Llewellyn directed the creation of the Uniform Commercial Code (U.C.C.), he naturally wanted to implement his jurisprudential ideas. He succeeded in giving the U.C.C. at least five important features inspired by Legal Realism. In particular, as a ...

... fifty years ago, Grant Gilmore, the co-reporter for Article 9 of the Uniform Commercial Code, recognized the difficulties that intangible assets pose for commercial law, noting that "if you can see it, count, weigh and measure it, it exists; if you can't, it doesn't." ... as Internet domain names and assets in virtual worlds such as Second Life. Although Article 9 of the UCC was revised fairly recently, one area in which it does not adequately cover electronic assets is in ...

... to the Convention on the International Sale of Goods, from the Negotiable Instruments Law to the rapidly evolving field of electronic payments law, commercial law has been and continues to be a fascinating field in which to observe the interaction of law and business. And the venerable Uniform Commercial Code remains fertile ground for the quintessentially jurisdynamic enterprise of statutory interpretation. We hope you will visit Commercial Law often ...

... up the home, but didn't address when the buyer would become responsible for damage to it. The court turned to Article 2 of the Uniform Commercial Code, governing sale of goods, for the answer. ORS 72.5090(1)(b) states that the risk of loss passes to the ... though the home had been delivered to the buyer's lot, it had not yet been "delivered" as that term is used in the UCC. The seller had contracted to provide a home fully ready for occupancy, and until that happened there was no delivery to the ...

In a sale of goods under the Uniform Commercial Code, the statements of an unidentified employee aren't sufficient to prove an express warranty, according to a case decided yesterday by the Oregon Court of Appeals. In East County ... phone that the baler would work outdoors, thereby creating an express warranty as to the machine's characteristics under the UCC. Because the identity of that employee was unknown, the buyer could not show that the employee had authority to make representations about ...