The Uniform Commercial Code (“UCC”) is a comprehensive set of laws governing commercial transactions. It was designed and drafted with the aim of standardizing, harmonizing, and simplifying the laws ...

When considering whether software contracts are for the sale of goods or services, most courts turn to the Uniform Commercial Code. Attorneys Richard Raysman and Peter Brown discuss how courts ...

A business owner may sign a contract and later realize that he cannot perform under the terms of the contract. If a small-business owner finds himself in that position, he can avoid a lawsuit by not ...

The Uniform Commercial Code, or UCC, is a set of legal rules created by the National Conference of Commissioners on Uniform State Laws and the American Law Institute that help define and guide ...

Charlene Rhinehart is a CPA , CFE, chair of an Illinois CPA Society committee, and has a degree in accounting and finance from DePaul University. Jared Ecker is a researcher and fact-checker. He ...