Where does the Uniform Commercial Code apply?
This is a discussion on Where does the Uniform Commercial Code apply? within the Other Business & Finance Law Issues forum, part of the BUSINESS & FINANCE LAW category; I recently made a craigslist transaction with someone, selling a cameral lens. They were informed that I did not know ...
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#1 |
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I recently made a craigslist transaction with someone, selling a cameral lens. They were informed that I did not know if the lens would fit his camera, and he agreed to buy it anyway. Now he says that it doesnt fit and that under UCC codes, I am obligated to give him a refund. I am not interested in taking this any farther than the two of us, but I just want to know what I am held accountable for in this situation.
thank you brad |
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#2 |
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If he agreed to buy it, the UCC is not really going to protect or help him. He made a binding deal. You can let him know that.
Beth Barton |
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PLEASE do not believe the previous post! That is completely untrue. Just because a person agreed to purchase a product does not mean that their promise is binding. There are several things that you have to know to determine whether the UCC applies, and the first is how your state adopted it. Although it's called "Uniform", the states had the option of adopting it, and they did. Some adopted it entirely, some in part, etc. So you have to know what state you're in, and their version. Most likely, the UCC will govern this transaction because you sold a movable good. But that doesn't mean that you need to give him a refund. Without knowing what state you're in, I can't help any more than that.
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