Commercial and Corporate Law
Frequently Asked Questions about Business and Commercial Law
Q: What body of law governs a contract for the sale of goods?
A: A contract for the sale of goods is governed mainly by state law. Most states have adopted Article 2 of the Uniform Commercial Code (UCC) as part of their state commercial law. Article 2 provides rules for all phases of a sales contract including formation, modification, performance, and available remedies in the case of a breach.
Q: What body of law governs a lease of goods?
A: A contract for the lease of goods is also primarily regulated by state law. However, most states have adopted Article 2A of the Uniform Commercial Code.
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To learn more about business and commercial law, speak with Alan Ettenson or Uri Taenzer, experienced business lawyers. Contact us at (856) 235-1234. We are available to help clients in Southern New Jersey from our convenient offices in Moorestown.