UCC

The Uniform Commercial Code (UCC), which was initially introduced in 1952, is one of the uniform acts which have been put into law, to govern the purchase/sale agreements in the United States and internationally, dealing with commercial transactions and other business dealings. All 50 states have adopted the UCC, the District of Columbia, and U.S Territories have also adopted the acts, in an attempt to better manage commercial transactions in the country.

The National Law Review features news, stories, and legal information dealing with commercial transactions and contracts which are entered into, by parties agreeing to terms laid out in the UCC. News coverage on the site includes topics for both individuals and business entities, who are doing business outside of their home state. The UCC is effective when individuals and businesses, from different states, intend to do business or contract to do business, across state borders. The National Law Review covers the latest stories and transactions, and litigation, which deals with terms of sale, contract terms, and parties who don’t comply with contract terms, as they are laid out by the Uniform Code.

Breach of confidentiality, breach of contract terms, implied warranty of merchantability, materiality provisions, indemnification terms, insurance, products liability, requirements contracts, clickwrap agreements, deposit account control agreements, and other news, stories, and litigation, related to the UCC, are covered by the National Law Review. Visitors can also read about topics such as duty of care owed by contracting parties, contractual limitations imposed on parties, lessee's rights and duties, buyer’s remedies and obligations, and other terms which are specific to commercial transactions, by parties that are bound by the Uniform Commercial Code based upon the type of goods/services, and the amount in question.

 

For hourly updates on the latest in legal, legislation, government regulation & compliance news, be sure to follow the National Law Review Twitter feed and sign up for complimentary e-news bulletins.

 

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