Sale of Goods - UCC

Question 1

When do you use the UCC?

Answer 1

• when it is the sale of goods

Question 2

“Goods”?

Answer 2

• any tangible thing that is moveable (not intellectual property)
• 2-105

Question 3

“Sale”?

Answer 3

• transfer of title for a price

- 2-106

Question 4

“Merchant”?

Answer 4

• one who deals in goods of the kind or otherwise holds himself as having knowledge in a certain transaction
• 2-104

Question 5

“Good Faith”?

Answer 5

• every contract for the sale of goods imposes an obligation of good faith
• 1-203