THE GATEWAY ISSUE: COMMON LAW v. U.C.C. Flashcards

1
Q

Determines whether the common law or UCC governs

A

Predominant Purpose Test

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2
Q

Common Law

A

Services & Real Estate

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3
Q

Article 2: UCC

A

Goods (moveable objects)

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4
Q

Divisible Contract

A

The predominant purpose governs each divisible contract (mini contracts). Think each contract is its own contract.

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5
Q

Mixed Contract

A

Contracts that have elements of both goods and services. (example purchasing a personally crafted painting). When a contract is indivisible, utilize the “predominant purpose test.”

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