Mesa Arizona Notice by Seller of Identification of Goods to Sales Agreement

Category:
State:
Multi-State
City:
Mesa
Control #:
US-1311327BG
Format:
Word; 
Rich Text
Instant download

Description

UCC Section 2-501 deals with the manner of identifying goods to the contract so that an insurable interest in the buyer and the rights set forth in UCC Section 2-503 will accrue. Generally speaking, identification may be made in any manner “explicitly agreed to” by the parties. The detailed rules set forth in UCC Section 2-501 apply only in the absence of such “explicit agreement.”

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Mesa Arizona Notice by Seller of Identification of Goods to Sales Agreement