
Business Law Today 8th Edition by Roger LeRoy Miller,Gaylord Jentz
Edition 8ISBN: 978-0324654554
Business Law Today 8th Edition by Roger LeRoy Miller,Gaylord Jentz
Edition 8ISBN: 978-0324654554 Exercise 1
What is the Union Commercial Code?
Explanation
The NCCUSL and the American Law jointly created the Uniform Commercial Code ( UCC ) comprising nine separate articles. It was first issued in 1952. All the articles in the UCC has been adopted by most states in the U.S. The UCC is a standard set of rules that facilitate commercial transactions among the states. It provides a uniform, yet flexible, set of laws.
The UCC ensures business persons that their valid contracts will necessarily be enforced.
The UCC ensures business persons that their valid contracts will necessarily be enforced.
Business Law Today 8th Edition by Roger LeRoy Miller,Gaylord Jentz
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