What law applies to sale of goods (no matter the amount)?
UCC, Art. 2 on both the MS and NY portions of the bar.
What law applies to the sale of real property?
Common law on both the MS and NY portions of the bar.
What law applies to the lease of goods?
UCC Art. 2A in NY
Common law on the MS.
What law applies to the lease of real property?
Common law on MS and NY portions of the bar.