Asked by
Jaimie Adams
on Nov 21, 2024
Verified
The UCC is new legal principles established by Congress and does not include common law.
UCC
Stands for Uniform Commercial Code, a set of laws that provide legal rules and regulations governing commercial or business dealings and transactions.
Congress
The bicameral legislature of the Federal Government of the United States, consisting of the House of Representatives and the Senate.
- Recognize the Uniform Commercial Code (UCC)'s role and its application to sales, leases, and contractual remedies.
Verified Answer
CC
Learning Objectives
- Recognize the Uniform Commercial Code (UCC)'s role and its application to sales, leases, and contractual remedies.