U.S. Uniform Commercial Code

The U.S. Uniform Commercial Code (UCC) is a set of standardized laws designed to facilitate and regulate commercial transactions across states. It covers areas such as sales of goods, leases, negotiable instruments, bank transfers, and secured transactions. By providing a consistent legal framework, the UCC helps businesses operate more effectively and reduces confusion in trade practices. Each state has adopted the UCC in some form, which promotes uniformity and predictability in commercial law, making it easier for businesses to engage in contracts and agreements.