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UCC
The Uniform Commercial Code, a comprehensive set of laws governing commercial transactions in the United States, designed to harmonize the law of sales and other commercial contracts.
Convention on Contracts for International Sale of Goods
An international treaty that establishes a uniform framework for the law governing the international sale of goods.
Contract Contains
The provision, clauses, and terms encapsulated within a legally binding agreement.
Risk of Loss
The possibility that an asset might be lost, damaged, or diminished in value, often leading to discussions about which party bears this risk in transactions.
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