Uniform Commercial Code (UCC): Primary commercial law framework including Article 2 (Sale of Goods), Article 9 (Secured Transactions), provisions for title transfer, risk of loss, warranties and disclaimers
State-Specific Commercial Laws: Variations in UCC adoption by state, state-specific contract requirements, and inventory management regulations that may differ across jurisdictions
Contract Law: Common law principles governing contract formation, consideration requirements, and performance obligations
Federal Trade Commission Regulations: Regulations governing fair business practices and consumer protection requirements applicable to vendor relationships
Antitrust Laws: Including Sherman Act, Clayton Act, and Robinson-Patman Act, governing competition and price discrimination in vendor relationships
Data Protection and Privacy Laws: Federal and state-specific privacy regulations governing data sharing and protection in VMI systems
Electronic Commerce Laws: E-SIGN Act and UETA governing electronic transactions and digital signatures in VMI agreements
Product Safety Laws: Consumer Product Safety Act and product-specific regulations ensuring compliance with safety standards
Environmental Regulations: Requirements for storage, disposal, and handling of materials, including hazardous materials regulations
Insurance Requirements: Provisions for property insurance, liability coverage, and risk transfer in VMI arrangements
Tax Considerations: Sales tax obligations, inventory tax implications, and interstate commerce tax requirements
Bankruptcy Code: Regulations governing rights and obligations in case of insolvency and treatment of consignment arrangements
Industry-Specific Regulations: Specialized requirements for specific industries such as pharmaceuticals, food, or chemicals, including relevant standards and best practices
International Trade Laws: Import/export regulations, customs requirements, and international commercial terms (Incoterms) for cross-border VMI arrangements
