Uniform Commercial Code

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.