Governing Law

The first issue you must address in every contract law analysis is whether the transaction at issue is governed by Article 2 of the Uniform Commercial Code (which governs contracts for the sale of goods) or by common law principles (which govern all other contracts). If you apply the wrong body of law, your analysis will be inaccurate. This video reviews the rules that determine which body of law governs a contract. The slides are posted below for your further review and study.

Video:

Video Slides: