Statements (51)
Predicate | Object |
---|---|
gptkbp:instance_of |
gptkb:legislation
|
gptkbp:bfsLayer |
4
|
gptkbp:bfsParent |
gptkb:ESIGN_Act
gptkb:UETA |
gptkbp:applies_to |
commercial transactions
|
gptkbp:enacted_by |
gptkb:American_Law_Institute
gptkb:National_Conference_of_Commissioners_on_Uniform_State_Laws |
gptkbp:facilitates |
trade and commerce
|
gptkbp:first_published |
gptkb:1952
|
gptkbp:governed_by |
leases
negotiable instruments secured transactions sales of goods |
https://www.w3.org/2000/01/rdf-schema#label |
Uniform Commercial Code
|
gptkbp:includes |
Article 1: General Provisions
Article 2: Sales Article 3: Negotiable Instruments Article 4: Bank Deposits and Collections Article 5: Letters of Credit Article 6: Bulk Transfers Article 7: Documents of Title Article 8: Investment Securities Article 9: Secured Transactions |
gptkbp:is |
a model code
subject to amendments a subject of legal scholarship a source of legal precedent a comprehensive legal framework a basis for state legislation a framework for consumer protection a framework for electronic transactions a guide for contract formation a key element of commercial law a model for other countries' commercial laws a reference for legal education a resource for commercial lawyers a standard for business practices a subject of judicial interpretation a tool for dispute resolution adopted in various forms influential in international trade law used by lawyers and judges |
gptkbp:is_adopted_by |
all 50 states
|
gptkbp:is_divided_into |
articles
|
gptkbp:promotes |
fairness in commercial transactions
|
gptkbp:provides |
rules for warranties
rules for performance and breach rules for risk of loss rules for title transfer uniformity in state laws |
gptkbp:reduces |
legal complexity
|