What legislation governs the sale of goods?

In Virginia, legislation governing the sale of goods is known as the Virginia Uniform Commercial Code (UCC). The UCC is a body of laws that define and regulate commercial transactions between parties such as buyers and sellers, depending on the type of goods being sold. The UCC outlines contracts that include the sale of goods between parties, including the rights and duties of each party, conditions for payment, delivery, warranties, and other matters governing the sale of goods. The UCC also provides general rules governing how goods may be transferred from one party to another. The UCC also governs unauthorized use or fraud in the sale of goods. It provides rules that protect both buyers and sellers from any unfair practices that might take place in a commercial transaction. Additionally, the UCC outlines how disputes related to the sale of goods are to be resolved, including the possibility of legal action. This sets forth the manner in which the parties can enforce their rights under the contract in case of a breach or non-performance. In Virginia, an important provision of the UCC is Article 2, which governs the sale of goods. This article defines what a sale is, how contracts for the sale of goods are formed, and what remedies are available to either party in case of breach of contract. The UCC is an important body of law that governs commercial transactions in Virginia.

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What legislation governs the sale of goods?

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