Santa Ana California Notice of Termination or Cancellation by Seller of UCC Sales Agreement regarding Goods or Personal Property for Failure of Buyer to Perform in Reasonable Time

State:
Multi-State
City:
Santa Ana
Control #:
US-02287BG
Format:
Word
Instant download

Description

The Uniform Commercial Code (UCC) has been adopted in whole or in part by the legislatures of all 50 states. Termination of an agreement occurs when the agreement is ended by either party by virtue of an authority or power granted by the agreement or by a principle of law. The effect of a termination is to discharge all obligations that are executory at the time of discharge, although any right based on a prior breach or performance can be enforced.

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Santa Ana California Notice of Termination or Cancellation by Seller of UCC Sales Agreement regarding Goods or Personal Property for Failure of Buyer to Perform in Reasonable Time