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Article 2 of the Uniform Commercial Code and Quantity Requirements - Vimarsana News

Article 2 of the Uniform Commercial Code and Quantity Requirements

Under Article 2 of Uniform Commercial Code UCC, there is no enforceable sale of goods without specified quantity set forth in contract. Failure to agree to purchase or sell a specific quantity of goods could be problematic if assurance of supply is important for business.

Quantity Requirements Under UCC Art. 2: Let's Ensure Supply | Foley & Lardner LLP - Vimarsana News

Quantity Requirements Under UCC Art. 2: Let's Ensure Supply | Foley & Lardner LLP

In the business world, many companies enter into long-term contracts with respect to high volume, expensive, or essential transactions. A long-term contract is certainly beneficial for ...