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The official 2007 edition of the UCC. The Uniform Commercial Code (UCC), first published in 1952, is one of a number of uniform acts that have been established as law with the goal of harmonizing the laws of sales and other commercial transactions across the United States through UCC adoption by all 50 states, the District of Columbia, and the Territories of the United States.
Title retention clause. A retention of title clause (also called a reservation of title clause or a Romalpa clause in some jurisdictions) is a provision in a contract for the sale of goods that the title to the goods remains vested in the seller until the buyer fulfils certain obligations (usually payment of the purchase price).
A purchase and sale agreement (PSA), also called a sales and purchase agreement (SPA) [1] or an agreement for purchase and sale (APS), [2] is an agreement between a buyer and a seller of real estate property, company stock, or other assets. The person, company, or other legal entity acquiring, receiving, and purchasing the property, stock, or ...
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The law of equity plays an important role in Australian contracts, and will affect which remedies may be available when a contractual promise is breached. Doctrines of importance to contract law practitioners include negligent mis-statement, [ 5 ] promissory estoppel, [ 6 ] and misleading or deceptive conduct.
The CISG applies to contracts of the sale of goods between parties whose places of business are in different States, when the States are Contracting States (Article 1 (1) (a)). Given the significant number of Contracting States, this is the usual path to the CISG's applicability.
A contractis an agreement that specifies certain legally enforceable rights and obligations pertaining to two or more parties. A contract typically involves consent[1]to transfer of goods, services, money, or promise to transfer any of those at a future date. The activities and intentions of the parties entering into a contract may be referred ...
holden.com.au. Holden, formerly known as General Motors-Holden, was an Australian subsidiary company of General Motors. Founded in Adelaide, South Australia, it was an automobile manufacturer, importer, and exporter that sold cars under its own marque in Australia. In its last three years, it switched entirely to importing cars.
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