UNIFORM COMMERCIAL CODE

glossary / UNIFORM COMMERCIAL CODE

UNIFORM COMMERCIAL CODE

Uniform Commercial Code. A uniform law that governs commercial transactions, including sales of goods, secured transactions, and negotiable instruments. ? The Code has been adopted in some form by every state. ¡ª Abbr. UCC. [Cases: Bills and Notes 2; Sales 3.1; Secured Transactions

3. C.J.S. Bills and Notes; Letters of Credit¡ì 4; Sales ¡ì¡ì 3¨C4; Secured Transactions¡ì¡ì 2, 6.]

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