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Beginning in the Late 1940s,William Levitt Used Mass-Production Techniques to Sell

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Beginning in the late 1940s,William Levitt used mass-production techniques to sell


Definitions:

Just Compensation

Compensation that is fair and adequate, especially in the context of eminent domain where property is taken for public use.

CISG

The United Nations Convention on Contracts for the International Sale of Goods is a treaty designed to create a consistent legal framework for international trade.

UCC

Stands for Uniform Commercial Code, a set of laws that govern commercial transactions in the United States.

Expropriation

The act by the government or its authority of taking private property for public use, with payment of compensation to the owner.

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