The UCC has become even more important to make the commercial sale of goods more uniform.
What Is UCC?
In a country where every state gets to set their own rules, business regulations can often become confusing. This is why the Uniform Commercial Code, or UCC, was created. Essentially, it attempts to make the commercial sale of goods across the 50 states more uniform. In an age in which internet businesses are becoming more prevalent and nationwide sales easier, the UCC has become even more important. In some cases, the manufacturing, storage, sale, and delivery of goods each happen in a different state. In order to maintain individual state regulations and, at the same time, streamline national commercial laws, the UCC serves to modernize contract law. The business attorneys at NW Business Law Group are well-versed in the Uniform Commercial Code and how it applies to the sale of goods in Washington and Oregon.
THE ARTICLES OF THE UNIFORM COMMERCIAL CODE:
There are nine different articles in the UCC and most states have applied provisions to at least a few of them. Not many business owners understand which articles apply to their operations, which is why it’s a good idea to have a professional business lawyer knowledgeable in transactions, sales, and contracts. These articles include: General provisions, which outline the basic definitions of the code
Sales, which also include leases
Negotiable instruments, which concerns promissory notes and other commercial papers
Bank deposits and funds transfers
Letters of credit
Bulk sales and transfers, which cover auctions as well as the liquidation of assets
Warehouse receipts, bills of lading, and miscellaneous documents of title
- 100% Satisfaction with Communication Eric helped represent me with a very large lawsuit that was brought against me. 100% satisfaction with communication. It was timely; it was appropriate; it was insightful, thoughtful. From beginning to end, it was very clear that my legal counsel, Eric Helmy was by far the better warrior, so to speak, the intellectually, strategically, and we clearly outthought the opposition from beginning to end, and I don’t think they knew what hit them. The opposition didn’t have any choice but to really retreat and drop the suit, so I was very satisfied.Aloysius Fobia, M.D. Physician in Portland, Oregon
- He'll Respond to Me When I Need Him. …I believe my law case never would have got off the ground without Eric’s attention to what was happening to me. I’m an excavator, in the tough times that have come along, there’s been several instances where the big developers think they’re not going to pay me, and I feel like they’re trying to [take advantage of] me. I can call Eric,…and he’ll come down and go sit in a meeting with me and all these big developers are writing checks before we’re getting up and leaving. …It’s nice to know that I have him on retainer, and he’ll respond for me when I need him. That’s the personal service you’ll get with him…Brad Bartlett Bartlett Excavation & Construction, LLC
- We Left With Important Information and a Plan Our first meeting with Eric was very helpful. We left with important information and a plan, and now we have our own corporation! Eric was invaluable in the writing of our bylaws and in advising our business setup. He also had great insights into owning a business in the Northwest. Having him on our company’s side makes us feel ready for the legal hurdles we will face as our business grows.Jaclyn Stewart CEO of Jurevicious Studios
- We are Very Pleased …We’ve worked with Eric on two different contract matters and [have] been very, very pleased with his advice and all the support he’s provided to members of our organization…We were really, really pleased with the quality of work Eric delivered, all the due diligence he performed, the advice he gave to the members of our staff…We would certainly recommend Eric, and we would hope to work with him again.Alice Forbes