This Demand for Explanation of Rejected Goods is from the seller of goods to a purchaser who has rejected them. This demand is in letter format and sets out description of the goods and shipping address. This letter also sets out the date the goods were rejected and demands that an explanation of rejection be given.
This UCC Financing Statement is used when selling goods to another in which the goods are financed and collateral is necessary. This financing statement sets forth all information regarding the transaction including the specific goods sold and all collateral held as security.