Uniform Commercial Code


Definition of "Uniform commercial code"

James "Buddy" Williamson real estate agent
James "Buddy" Williamson, Real Estate Agent Maryland Real Estate

Standardized set of business laws that has been adopted by most states. The Uniform Commercial Code governs a wide range of transactions including borrowing, contracts, and many other everyday business practices. It is useful because it standardizes practices from state to state.

 

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