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Defines general terms and principles applicable across the UCC.

Governs the sale of goods and outlines the rights and obligations of buyers and sellers.

Regulates the leasing of goods and clarifies the interests of lessees and lessors.

Covers negotiable instruments including checks, notes, and drafts, and their transfer and enforcement.

Dictates the process of handling checks and other items by banks and the collection process.

Addresses the rights, responsibilities, and liabilities when electronic funds are transferred between banks.

Details the use and function of letters of credit, primarily in international trade transactions.

Deals with the sale of all or a substantial part of the inventory of a business.

Regulates the storage and transportation of goods, including the legal documents used.

Pertains to the purchase and sale of securities and financial assets.

Addresses the attachment, perfection, and enforcement of security interests in personal property.

Determines the types of transactions and parties the UCC applies to.

Modifies the common law contract formation principles for the sale of goods.

Designed to harmonize the law of sales and other commercial transactions across states, but allows for state-specific variations.

Provides specific rules for express and implied warranties in the sale of goods.

Establishes when the risk of loss passes from the seller to the buyer.

Outlines available remedies for parties suffering losses due to breach of contract.

Requires parties to act with honesty in fact and observance of reasonable commercial standards of fair dealing.

Sets standards for what constitutes reasonable behavior and practices in commercial transactions.