Uniform Commercial Code § 2-105(2)

Uniform Commercial Code § 2-105(2)

Definition

Provision of the Uniform Commercial Code governing when an interest in goods can pass from seller to buyer. The section provides that goods must be in existence and identified before any interest in them can pass. Goods that are not both existing and identified are future goods, and any purported present sale of such goods operates as a contract to sell.

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