Uniform Commercial Code: Difference between revisions
Jump to navigation
Jump to search
Amwelladmin (talk | contribs) No edit summary |
Amwelladmin (talk | contribs) No edit summary |
||
| Line 1: | Line 1: | ||
A basic set of commercial terms which apply under [[US Law]] to commercial {{tag|contract}}s — unless you agree that they shouldn’t. | {{g}}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. Also the historical, but as it turns out bogus, reason [[U.S. Attorney]]s like to [[Conspicuous|SHOUT IN CAPITALS SO MUCH]]. | ||
{{ | {{sa}} | ||
*[[ | *[[Implied term]]s | ||
*[[ | *[[Commercially reasonable manner]] | ||
*[[ | *[[Conspicuous]] | ||
*Whether writing in [[CAPS LOCK]] is all it cracks up to be. | *Whether writing in [[CAPS LOCK]] is all it cracks up to be. | ||
Revision as of 17:36, 16 October 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. Also the historical, but as it turns out bogus, reason U.S. Attorneys like to SHOUT IN CAPITALS SO MUCH.
See also
- Implied terms
- Commercially reasonable manner
- Conspicuous
- Whether writing in CAPS LOCK is all it cracks up to be.