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Uniform Commercial Code (UCC): Primary source of commercial law in the US, particularly Article 2 governing sale of goods. Even in non-binding agreements, UCC principles should be considered for consistency with potential future binding agreements.

State Contract Laws: State-specific contract formation principles and Statute of Frauds requirements that vary by jurisdiction but govern basic contract formation and enforcement.

Federal and State Antitrust Laws: Including Sherman Act, Clayton Act, Federal Trade Commission Act, and state-specific antitrust regulations to ensure compliance with competition laws.

Letter of Intent/MOU Principles: Legal principles governing non-binding agreements, including clear language indicating non-binding nature, specification of which provisions are binding vs. non-binding, and good faith negotiations requirements.

Consumer Protection Laws: Federal and state-specific regulations protecting consumer rights, if applicable to the transaction.

Industry-Specific Regulations: Regulations specific to the industry or subject matter of the purchase that must be considered in the agreement terms.

Statute of Limitations: Time limits that may affect potential future agreements or legal actions related to the non-binding agreement.

Confidentiality Laws: Laws governing protection of trade secrets and confidential information, particularly relevant if confidentiality provisions are included in the agreement.