Every state except Louisiana has enacted the majority of the Uniform Commercial Code (UCC) as a commercial statute.

Question

Quizplus · Accepted Answer

This is true. Every state except Louisiana has enacted the majority of the Uniform Commercial Code as a commercial statute. However, Louisiana has enacted a somewhat similar code called the Louisiana Commercial Laws, which is based on the civil law tradition rather than the common law tradition that the UCC is based on.

Every State Except Louisiana Has Enacted the Majority of the Uniform