UCC Question: Services for Goods
Posted: Sun Dec 11, 2011 3:45 am
Does the exchange of services for goods > $500 fall within the UCC?
e.g. We contract that if I repair your Porsche you will give me the junker in your backyard.
My labor is worth $501 and your junker is worth $501. Is this contract under the UCC (and therefore under the SoF, etc.)? Or do common law principles apply?
e.g. We contract that if I repair your Porsche you will give me the junker in your backyard.
My labor is worth $501 and your junker is worth $501. Is this contract under the UCC (and therefore under the SoF, etc.)? Or do common law principles apply?