The UCC and the common law are essentially the same in regard to their treatment of risk of loss or damage to identified goods.

Question

Quizplus · Accepted Answer

The UCC (Uniform Commercial Code) and common law differ in their treatment of risk of loss or damage to identified goods, as the UCC provides specific rules for various scenarios that are not covered by common law, particularly in commercial transactions.

The UCC and the Common Law Are Essentially the Same