Ordinary goods refer to items that are movable and not classified as mobile goods, minerals, or goods covered by a certificate of title. In the context of a sales contract, these goods are identified at the time of the agreement and are distinct from other categories of goods that have specific legal definitions.
Ordinary goods are primarily relevant in contract law, particularly in the sale of goods. They play a crucial role in determining the rights and obligations of parties involved in a sales contract. Understanding this term is essential for individuals and businesses engaged in transactions involving physical items. Users can manage related legal documents effectively with tools like US Legal Forms, which provide templates drafted by experienced attorneys.
Here are a couple of examples of abatement:
Example 1: A furniture store sells a sofa to a customer. The sofa is classified as an ordinary good because it is movable and not covered by a certificate of title.
Example 2: A local bakery sells loaves of bread. These loaves are ordinary goods as they are movable items sold in a contract for sale. (hypothetical example)
Ordinary goods are defined under the Uniform Commercial Code (UCC), which governs commercial transactions in the United States. The definition aligns with case law, such as In re Rex Group, Inc., 80 B.R. 774 (Bankr. D. Va. 1987), which clarifies the classification of ordinary goods.
Examples of state differences (not exhaustive):
| State | Definition Variance |
|---|---|
| California | Follows UCC definitions closely, with minor state-specific regulations. |
| Texas | Similar to UCC, but includes additional provisions for certain agricultural goods. |
| New York | Aligns with UCC, emphasizing the importance of clear identification in contracts. |
This is not a complete list. State laws vary, and users should consult local rules for specific guidance.
| Term | Definition | Key Differences |
|---|---|---|
| Mobile Goods | Goods that can be moved and are typically not subject to a certificate of title. | Mobile goods are a broader category and may include items like vehicles. |
| Minerals | Natural resources extracted from the earth. | Minerals are excluded from the definition of ordinary goods. |
| Goods Covered by Certificate of Title | Items that require a legal document to prove ownership. | These goods are not classified as ordinary goods due to their specific legal requirements. |
If you are entering into a contract for the sale of goods, ensure that the items are clearly identified as ordinary goods. You can use US Legal Forms to access templates that help you draft contracts properly. If your situation is complex or involves significant value, consider consulting a legal professional for tailored advice.
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Ordinary goods are movable items not classified as mobile goods, minerals, or goods covered by a certificate of title.