Law Dictionary
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Legal Terms
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Uniform Commercial Code
a set of business-related laws dealing with the sale of goods, their transportation and delivery, financing, storage, payments, and various other commercial transactions. These model laws have been adopted, with minor modifications, by most states to provide some consistency among states' commercial laws. They were drafted by the National Conference of Commissioners on Uniform State Laws.
Source : U.S. Department of the Treasury
Language : English