Uniform Commercial Code (UCC): Primary federal law governing commercial transactions, especially Article 2 which deals with the sale of goods. Essential for business contracts involving the sale of goods.
Federal Trade Commission Act: Federal legislation that prohibits unfair or deceptive trade practices in commerce. Must be considered when drafting terms related to advertising, marketing, and consumer interactions.
Antitrust Laws: Sherman Act and Clayton Act which regulate business practices to prevent monopolies and promote competition. Critical for terms involving pricing, exclusivity, and market restrictions.
E-SIGN Act: Electronic Signatures in Global and National Commerce Act governing the legal validity of electronic signatures and records in commercial transactions.
State Contract Laws: State-specific variations of contract law and UCC implementations that may affect the enforceability and interpretation of contract terms.
Data Privacy Laws: Various state and federal privacy laws including CCPA (California) and industry-specific regulations like HIPAA, affecting how business data must be handled and protected.
Federal Arbitration Act: Federal law governing arbitration provisions in contracts, crucial for dispute resolution clauses.
Consumer Protection Laws: Including Magnuson-Moss Warranty Act and state-specific consumer protection statutes that affect warranties and consumer rights.
Intellectual Property Laws: Copyright Act, Patent Act, and trademark laws that must be considered when drafting terms related to IP rights, licensing, and ownership.
Employment Regulations: Fair Labor Standards Act and state employment laws that may affect terms related to worker classification and employment relationships.
