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UCC
Short for the Uniform Commercial Code, it is a comprehensive set of laws governing all commercial transactions in the United States.
Express and Implied Warranty
Guarantees that a seller makes about the condition, functionality, or performance of goods or services; express warranty being explicitly stated and implied warranty being presumed by law.
Time Limitation
A statutory period within which a lawsuit must be filed or a specific legal action must be taken; failing to act within this period can result in losing the right to claim.
Restatement (Third)
A collection of volumes intended to inform the judiciary, lawyers, and others about general principles of common law in various areas.
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