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Chapter 7 Contract Law FlashcardsQuizlet  Form

Chapter 7 Contract Law FlashcardsQuizlet Form

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hi this is Chapter seven we've already covered criminal law we have covered tort law we looked at contract law and now we're into a section that is like a subcategory of contract law and it's talking about the purchase of goods okay so sales contracts so it is again it's a special area underneath contract law it is any contract where the ownership of goods gets passed from the buyer to a seller for price and goods are tangible items so things that you can touch sales contracts are covered by the UCC which is a set of laws each state has its own Uniform Commercial Code but most of them are identical it's just the state of Louisiana that has a little bit of a difference in section two I believe the UCC also covers the lease of goods so not just the purchase but the lease of goods so you lease goods whenever you rent an item like if you rent a car or a computer or a tuxedo real estate contracts service contracts and employment contracts are covered

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