Search for: "UNIFORM COMMERCIAL CODE "UCC""
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16 Mar 2007, 10:00 am
"In response to the lawsuit, SBU countered that state law -- the Uniform Commercial Code -- limited the bank's liability to such sums which remained under its control.* The problem with SBU's argument was that it concededly violated its own internal policy and "reasonable commercial standards" when it came to the handling of third-party checks.After a jury trial, SBU was found liable for… [read post]
1 Feb 2007, 5:25 am
On appeal, here's what the Appellate Term, 9th and 10th Judicial Districts, noted in its affirmance:Dogs have been held to constitute "goods" within the meaning of section 2-105 of the Uniform Commercial Code, and defendant, a private breeder, is a "merchant" within the meaning of UCC 2-104 (1) ... [read post]
11 Nov 2006, 8:53 am
The Uniform Commercial Code (better known as the “UCC”) basically provides that unless specifically excluded, the buyer of goods gets the above warranties whether or not they are part of the written contract. [read post]
