Adopted by all 50 states, the Uniform Commercial Code (UCC) is a set of rules that regulates business transactions across the US. These laws address the sale of goods, products, and services—for example, the UCC governs whether a customer can get a refund for a defective good and how long a manufacturer has to replace the faulty product.
There are many wonderful provisions in the UCC that people should be aware of. In a consultation, the knowledgeable attorneys at Sparks Law can further explain these regulations and how they may relate to your specific circumstances. For more information about the Uniform Commercial Code in Georgia beyond the information listed below, call our firm.
The Uniform Commercial Code was passed across all 50 states primarily because it addresses trade. The purpose of the UCC is to standardize business transaction laws across state lines. Instead of Congress passing a singular law to control all commerce throughout the country, each state legislature passed a version of the same code.
Although this code may vary slightly from state to state, the regulations are largely the same. Still, it is useful to get more information about the UCC from a local attorney who understands any nuances in the Georgia version of the laws.
Any commercial dispute, such as litigation over a breach of contract, falls under the purview of the Uniform Commercial Code. For example, say that a business sells a contraption to another company, and they claim it will do a certain thing. If the contraption does not perform as warranted, that breach of contract would fall under the framework of the UCC, since the code governs warranties.
The Uniform Commercial Code also covers cases involving defective products. If a person receives goods that are defective in any way, the code gives them the right to immediately return them and get their money back. However, there are different rules for transactions between merchants than for everyday consumers, so it is important to consult a nearby attorney at Sparks Law on the relevant regulations under the Uniform Commercial Code.
Besides commercial transaction laws for merchants, there are many wonderful provisions in the Uniform Commercial Code that consumers in Georgia should be aware of. One of those provisions outlines a consumer’s rights in making deals, an everyday part of life.
As an example, say that you sign a deal with a dealership to buy a car on April 5. If the dealership does not deliver the vehicle at that time, you may have to get that car from another dealership. If the other dealership charges 10% more, the Uniform Commercial Code allows you to purchase the more expensive vehicle and then charge the first dealership for the cover cost, or the difference in price. This is because the first dealership failed to deliver the car on time, so they are responsible for covering your ensuing losses.
Whether you are business owner involved in a commercial dispute or a consumer looking to better understand your rights in a transaction, learn more about the UCC from a seasoned attorney. At Sparks Law, our lawyers have vast knowledge of the Uniform Commercial Code in Georgia and can help you understand how these laws apply to any given situation. Call us today to set up a consultation about your circumstances.