UCC

What does the UCC provide?

Uniformity and predictability in business transactions.

What does Article 2 govern?

Sales of goods.

What are goods?

Movable, tangible items.

Does Article 2 apply to services?

No

What test applies to mixed contracts?

Predominant purpose test.

Who is a merchant?

Someone who deals in goods of the kind.

What rule resolves conflicting terms?

Knock‑out rule.

What is the UCC Statute of Frauds threshold?

Goods ≥ $500 must be in writing.

What is an express warranty?

A promise or description made by the seller.

What is merchantability?

Goods fit for ordinary use.

What is fitness for a particular purpose?

Buyer relies on seller’s expertise for a specific need.

What is a warranty disclaimer?

A seller’s limitation on warranties.

What is the perfect tender rule?

Buyer can reject goods if they fail in any respect.

What is the seller’s right to cure?

Seller can fix defects within contract time.

What does Article 2 say about risk of loss?

It determines who bears the loss during delivery.

What is “cover”?

Buyer purchases replacement goods and seeks damages.

What remedies does a seller have?

Resell, damages, cancel.

What does Article 2 favor?

Merchants and preserving transactions.

What are specially manufactured goods?

Custom goods that create an exception to the Statute of Frauds.

What does Article 2 cover from beginning to end?

Formation, performance, breach, and remedies.