Uniform Commercial Law
The Uniform Commercial Code (“UCC”) deals with goods (not services) that are sold to the public or businesses and the financing to purchase those goods. The UCC provides the framework for most contracts, transactions and agreements, including sales and leases, negotiable instruments, bank deposits and collections, fund transfers, letters of credit, bulk sales, documents of title, investment securities, and secured transactions.
The aim of the UCC is to streamline the manner in which commercial and business transactions are handled in the U.S. and to provide clarity, simplification, and consistency in these matters.
Our attorneys will help you understand how the UCC applies to your proposed business transaction or existing contract, should a dispute arise.