Uniform Commercial Code: Difference between revisions

Uniform Commercial Code (view source)

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-{{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]].
+{{g}}A basic set of commercial terms which apply under U.S. 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}}