Uniform Commercial Code: Difference between revisions
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A basic set of commercial terms which apply under [[US Law]] to commercial | A basic set of commercial terms which apply under [[US Law]] to commercial {{tag|contract}}s — unless you agree that they shouldn’t. they tend to imply basic standards of fairness and reasonableness. One reason why US [[broker-dealer]]s tend not to have [[terms of business]] — they’re set out in the UCC so you don’t need them. | ||
{{seealso}} | {{seealso}} | ||
Revision as of 15:54, 12 April 2019
A basic set of commercial terms which apply under US Law to commercial contracts — unless you agree that they shouldn’t. they tend to imply basic standards of fairness and reasonableness. One reason why US broker-dealers tend not to have terms of business — they’re set out in the UCC so you don’t need them.
See also
- implied terms
- commercially reasonable manner
- conspicuous
- Whether writing in CAPS LOCK is all it cracks up to be.