April 28, 2005
Electricity: Good or service?
One of the most common UCC-coverage hypotheticals is whether electricity is a "good" or a "service." The good folks at Morrison & Foerster LLP have weighed in on the issue in a new unsigned client piece, Electricity: A "Good" under the UCC. Should be a Simple Question — Right?
Their conclusion? It depends. The piece has a nice review of the most recent cases on the subject and advises clients to deal with the issue by making sure to include an appropriate choice of law provision.
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