Understanding Business and Personal Law

Chapter 13: Contracts for the Sale of Goods

Chapter Overviews

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The law of sales governs contracts for the sale of lease of goods. These laws are now part of the Uniform Commercial Code (UCC). Every time you buy goods and take ownership of them, a sale occurs. Many sales contracts are oral rather than written. Whether you purchase a hamburger at fast food restaurant or a television set at the local electronics store, the law of sales covers you. In this chapter, you will learn how to better protect yourself when buying or selling a product. You will also study about the passage of title and the risk of loss for the goods you might purchase.