UCC Article 2
UCC Article 2 is a part of the Uniform Commercial Code that governs the sale of goods. It provides a legal framework for transactions involving the sale of tangible personal property, outlining the rights and responsibilities of both buyers and sellers. This article helps ensure consistency and fairness in commercial transactions across different states.
The provisions in UCC Article 2 cover various aspects, including contract formation, performance, and breach of contract. It also addresses issues like warranties, risk of loss, and remedies available to parties in case of disputes. Overall, it aims to facilitate smooth and reliable commerce.