Louisiana is the only state that has not fully adopted the Uniform Commercial Code (UCC)since its laws are heavily influenced by the French civil code.

Question

Quizplus · Accepted Answer

This statement is true. Louisiana's laws are based on the Napoleonic Code, which is a civil law system derived from the French civil code, while the UCC is a set of laws governing commercial transactions in the United States that has been adopted in all other states. Therefore, Louisiana has only partially adopted the UCC and has its own set of laws governing commercial transactions.

Louisiana Is the Only State That Has Not Fully Adopted