![]() ![]() Even if you don’t plan on becoming a business lawyer, it is still important to have a basic understanding of the UCC. This is because the UCC is the most comprehensive and widely-applicable set of contract law rules. Most law school courses on contracts will include a section on the UCC, and many contract law professors will use the UCC as the primary source of law when teaching their courses. The UCC is also the primary source of law governing contracts for the sale of goods. Even individuals can be subject to the UCC if they are engaged in business transactions. The UCC is not just for merchants it applies to all types of businesses, including manufacturers, wholesalers, retailers, and service providers. The UCC generally applies to transactions involving the sale of goods, but it also applies to other types of commercial transactions, such as leases and secured transactions. and has become the predominant law governing commercial transactions. ![]() Since the Uniform Commercial Code (UCC) was created, it has been adopted by every state in the U.S. ![]()
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