Uniform Commercial Code—sales PART 1. SHORT TITLE, GENERAL CONSTRUCTION AND SUBJECT MATTER 2-101. Short Title. 2-102. Scope; Certain Security and Other Transactions Excluded From This Article. 2-103. Definitions and Index of Definitions. 2-104. Definitions: "Merchant"; "Between Merchants"; "Financing Agency". 2-105. Definitions: Transferability; "Goods"; "Future" Goods; "Lot"; "Commercial Unit". 2-106. Definitions: "Contract"; "Agreement"; "Contract for sale";… Continue reading U.C.C. – ARTICLE 2 – SALES (2002)
Commercial codes govern business and commercial transactions in USA and ratified most of the States. The objective of the Code has been stated below:- "AN ACT to enact the uniform commercial code, relating to certain commercial transactions in or regarding personal property and contracts and other documents concerning them, including sales, commercial paper, bank deposits and collections, letters… Continue reading Uniform Commercial Code-Act 174 of 1962
Imports and exports are the two important components of a foreign trade. Foreign trade is the exchange of goods and services between the two countries, across their international borders.
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