{"id":13992,"date":"2018-02-15T20:52:08","date_gmt":"2018-02-15T20:52:08","guid":{"rendered":"https:\/\/reunitethestates.org\/?page_id=13992"},"modified":"2018-02-15T21:05:09","modified_gmt":"2018-02-15T21:05:09","slug":"uniform-commercial-code-governs-most-aspects-of-commercial-transactions-including-sales-leases-negotiable-instruments-deposits-and-collections-letters-of-credit-bulk-sales-warehouse-receipts","status":"publish","type":"page","link":"https:\/\/reunitethestates.org\/?page_id=13992","title":{"rendered":"Uniform Commercial Code – a uniform statute that governs commercial transactions, adopted in some form by every state and the District of Columbia"},"content":{"rendered":"

\u00a0\u00a0\u00a0\u00a0 This page is continued from Criminal Law Self-Help<\/a> >>>> Classification of Various Laws, Crimes, and Punishments<\/a> >>>> Types of Laws<\/a> >>>> Code<\/a>:<\/span>
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Uniform Commercial Code<\/span>:<\/span><\/strong><\/p>\n

1. A uniform statute that governs commercial transactions, including sales of goods, secured transactions, and negotiable instruments.\u00a0 *\u00a0 The Code has been adopted in some form by every state and the District of Columbia.<\/strong> \u2014 Abbr. UCC<\/strong><\/em><\/span>.<\/span><\/p>\n

1.<\/strong> See commercial code<\/em>. [2]<\/span><\/p>\n

1. One of the Uniform Laws, which has been adopted in much the same form in every state.\u00a0 It governs most aspects of commercial transactions, including sales, leases, negotiable instruments, deposits and collections, letters of credit, bulk sales, warehouse receipts, bills of lading and other documents of title, investment securities, and secured transactions.<\/strong> [3]<\/span><\/p>\n

Commercial Code<\/span>:<\/span><\/strong><\/span><\/p>\n

1. One of the uniform laws; a compilation of principles formulated through the joint efforts of the National Conference of commissioners on Uniform State Laws and the American Law Institution dealing with most aspects of commercial transactions. 15 Am J2d Com C \u00a7 1<\/span>.<\/strong> [2]<\/span><\/p>\n

Commercial Law<\/span>:<\/span><\/strong><\/p>\n

1. The branch of the law that relates to shipping, insurance, the exchange of money, brokerage, drafts, promissory notes, and other matters of concerns to merchants.<\/strong> <\/span>
\n\u00a0\u00a0\u00a0\u00a0 See law merchant<\/strong><\/em><\/a>. [3]<\/span><\/p>\n

References:<\/span><\/span><\/strong><\/p>\n

Disclaimer:<\/span><\/span><\/strong> All material throughout this website is compiled in accordance with Fair Use<\/a>.<\/span><\/strong><\/p>\n

[1]: Black\u2019s Law Dictionary\u00a0Deluxe Tenth Edition\u00a0by Henry Campbell Black & Editor in Chief Bryan A. Garner<\/a>. ISBN: 978-0-314-62130-6<\/b><\/span><\/strong><\/p>\n

[2]: Ballantine\u2019s Law Dictionary\u00a0<\/a><\/b><\/span><\/strong>with Pronunciations
\n<\/b><\/span><\/em>Third Edition<\/b><\/span><\/strong><\/a>\u00a0<\/span><\/strong>by James A. Ballantine\u00a0<\/b><\/span><\/strong>(James Arthur 1871-1949).\u00a0\u00a0<\/b><\/span><\/em>Edited by William S. Anderson.\u00a0\u00a0\u00a9 1969 by THE LAWYER\u2019S CO-OPERATIVE PUBLISHING COMPANY.\u00a0 Library of Congress Catalog Card No. 68-30931<\/b><\/span><\/strong><\/p>\n

[3]:\u00a0\u00a0Ballantine\u2019s Law Dictionary <\/a><\/b><\/span><\/strong>Legal Assistant Edition<\/b><\/span><\/a><\/em>
\nby Jack Ballantine\u00a0<\/b><\/span><\/strong>(James Arthur 1871-1949).\u00a0\u00a0<\/b><\/span><\/em>Doctored<\/b><\/span><\/a><\/strong>\u00a0<\/span><\/em>by\u00a0Jack G. Handler,\u00a0J.D.<\/a>\u00a0\u00a9 1994 Delmar by Thomson Learning.\u00a0 ISBN 0-8273-4874-6.<\/b><\/span><\/strong><\/p>\n

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