Examlex
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UCC Section 2-301
A provision of the Uniform Commercial Code dealing with the obligation of the seller to transfer and deliver goods, and the buyer’s obligation to accept and pay for them.
Conforming Goods
Products that meet the specifications and requirements stipulated in a sales or supply contract.
Basic Duty
An essential or fundamental obligation required by law, contract, or ethical considerations.
Usage of Trade
Established customs and practices in a particular industry or market that are widely accepted and that parties to a contract are presumed to follow.
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