Goods refer to items that are movable at the time they are identified for sale in a contract. This definition is outlined in the Uniform Commercial Code (UCC). Goods can include a variety of items, such as:
The term "goods" is primarily used in commercial law, particularly in transactions involving the sale of goods. It is relevant in various legal contexts, including:
Users can manage their own transactions using legal templates available through US Legal Forms, which are drafted by experienced attorneys.
Here are a couple of examples of abatement:
Here are a couple of examples of goods:
The primary statute governing goods is the Uniform Commercial Code (UCC), specifically UCC § 2-103(1)(k), which outlines the definition and scope of goods in commercial transactions.
| Term | Definition | Key Differences |
|---|---|---|
| Goods | Movable items identified in a sale contract. | Includes future goods and items attached to real property. |
| Services | Intangible activities performed for a customer. | Services cannot be physically moved or owned. |
| Real Property | Land and anything permanently attached to it. | Real property is immovable, unlike goods. |
If you are involved in a transaction involving goods, ensure that the items are clearly identified in your contract. You may want to consider using legal templates from US Legal Forms to draft your agreements. If you have complex legal questions or concerns, consulting a legal professional is advisable.
Browse our library of 85,000+ state-specific legal templates.
Examples include furniture, clothing, and electronics.