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The owner of a warehouse contracts with Satellite Services for the purchase and installation of satellite dishes at the warehouse. The contract allocated $8,000 for the satellite dishes and $2,000 for installation. Which source of law governs this contract?

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Answer:

The answer is: Statutory Uniform Commercial Code

Explanation:

The Uniform Commercial Code (UCC) was established to harmonize the laws regulating commercial transactions and sales across the United States. This way, companies that work across states and territories, will have the same common law regarding their operations.

In this case, since the price of the satellite dishes and their installation was allocated, this contract is covered by statutory UCC.

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