Because the UCC encourages a debtor and creditor to include in their security agreement the standards to measure their rights and duties, the parties can stipulate the conditions that will constitute a default.

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The Uniform Commercial Code (UCC) allows for flexibility in commercial transactions, including the ability for a debtor and creditor to define in their security agreement the specific conditions that would constitute a default, thereby tailoring the agreement to their unique circumstances and needs.

Because the UCC Encourages a Debtor and Creditor to Include