Uniform Commercial Code (UCC): Primary federal law governing commercial transactions, particularly Article 2 for sale of goods. States may have their own versions.
Federal Acquisition Regulation (FAR): Regulations for government contracting - crucial if the vendor agreement involves government contracts.
Antitrust Laws: Sherman Antitrust Act and Clayton Act governing competition and preventing monopolistic practices in vendor relationships.
Foreign Corrupt Practices Act (FCPA): Anti-corruption legislation crucial for agreements involving international vendors.
State Contract Laws: State-specific contract regulations and requirements that may affect the agreement's terms and enforcement.
Industry-Specific Regulations: Sector-specific laws such as HIPAA for healthcare, GLBA for financial services, and other industry compliance requirements.
Labor Laws: Fair Labor Standards Act and state labor laws, including regulations regarding independent contractors.
Intellectual Property Laws: Copyright Act, Patent Act, and Trade Secrets Protection laws affecting IP rights and ownership.
Data Protection and Privacy Laws: Including CCPA, state-specific data protection laws, and industry-specific data requirements.
Environmental Regulations: EPA requirements and state environmental regulations affecting vendor operations and compliance.
Import/Export Laws: Export Administration Regulations (EAR), International Traffic in Arms Regulations (ITAR), and customs regulations.
Tax Laws: State, local, and federal tax requirements, including reporting obligations and international tax treaties if applicable.
Electronic Commerce Laws: E-SIGN Act and UETA governing electronic signatures and digital transactions.
Key Agreement Components: Essential elements including term, termination, scope, payment, performance standards, warranties, indemnification, insurance, confidentiality, IP rights, dispute resolution, compliance, force majeure, assignment, audit rights, and data security.
