Understanding Uniform Commercial Code (UCC)

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The terms and conditions outlined in the Uniform Commercial Code (UCC) provide a standard set of rules and regulations for contracting. It is "the theory of a pure civil law system [where] one comprehensive code (written statute) governs all disputes. Thus, each case begins with a fresh look at the statutory law (the code)." You can prosecute anyone in any US state for a contractual misdemeanor that was committed; even those overseas. Like most codes of ethics, each article is left open for interpretation. Hence, none of the stated ...