Commercial Contracts
The term commercial law describes a wide body of laws that govern business transactions. The primary authority that governs commercial transactions is the Uniform Commercial Code (UCC). By definition, commercial contracts represent a combination of commercial and legal factors. For businesses and organizations, the key requirement is to ensure that the legal arrangements allow the full commercial benefits to be realized. This is FindLaw’s collection of Commercial Contracts articles, part of the Business Operations section of the Corporate Counsel Center. Law articles in this archive are predominantly written by lawyers for a professional audience seeking business solutions to legal issues. Start your free research with FindLaw.
Business Operations
Commercial Contracts Articles
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Commercially Reasonable Sale
PACCAR Financial Corporation v. Mackey, 122 F.3d 1134 (8th Cir. 9/4/97). COMMERCIALLY REASONABLE SALE - After a lessee default and sale of the equipment, the lessor sued the guarantors for deficiency in the sale price of the equipment. The ...
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Computer Purchase And Software Development Contracts
Many business people facing computer related aqcquisitions are uncertain as to when to use consultants and attorneys familiar with information technology issues. Clearly, minor acquisitions involving routing functions and small dollar amounts do not ...
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Construction Lawyering In The 21st Century
This article was first presented as a paper at the ABA Forum on the Construction Industry in Orlando, Florida, in April 1998. IS IT THE REAL DEAL?—The Authenticity of Computer-Generated Information on the "Paperless" Construction Project: Concerns ...
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Consumer Finance Alert
Lending institutions increasingly are using mandatory arbitration clauses in an effort to control the costs of dispute resolution under agreements with their customers. Since 1925, federal law has by statute encouraged arbitration clauses so long as ...
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CONSUMER FRAUD: Spotting and Protecting Yourself Against It A General Primer : Home
Charitable Solicitations Door-to-Door Sales Home Repair Fraud Landlord-Tenant Law Lien-Law Telemarketing Fraud Warranties Most charities are honest and put their charitable dollars good use. However, there also are many so-called charitable ...
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Consumer Frequently Asked Questions
A car salesman convinced me to buy a new car last night. I just cannot afford it. Don't I have three days to change my mind and take it back? No. The three day rule only applies to cases where a salesman comes to your house and convinces you to ...
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Contract Considerations for Importers
(Article appeared in the 1995 Custom House Guide) All Rights Reserved Importers frequently attempt to control their import transactions and protect their interests by using a purchase order subject to terms and conditions expressed on the back of ...
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Contract May Permit Creditor’s Signature For Debtor On A Financing Statement To Perfect Creditor’s Security Interest
The primary purpose of a financing statement properly filed under the Uniform Commercial Code, ("UCC") is to notify all interested parties of an outstanding security interest in a debtor's personal property, and thereby perfect a creditor's lien ...
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Contracts for Life-time Employment Must be in Writing
The Illinois Supreme Court ruled recently that a contract for lifetime employment is not enforceable if it is not in writing. The decision sets Illinois apart from many other states on this issue. McInerney v. Charter Golf, Inc. McInerney alleged ...
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Cooley Alert: Fair Labor Standards Act Amended to Exclude Some But Not All Stock Option Compensation from Overtime Calculations
President Clinton has signed into law the Worker Economic Opportunity Act (the "Act") which amends the Fair Labor Standards Act (the "FLSA") to clarify that an employer must exclude compensation attributable to a stock option, stock appreciation ...
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