What is the UCC-how does it differ from the common law

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Rosco of Salem, New York, purchased 2,500 pounds of a good from the Arco Company in Buffalo, New York. Several boxes were lost in transit. Rosco will suffer the loss because risk of loss passed to him when the goods were delivered to the common carrier at Buffalo. What is the UCC? How does it differ from the common law? When would the UCC apply? Why does the risk of loss apply and what does it mean?

Reference no: EM13276787

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