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Analysis: The Uniform Commercial Code

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The Uniform Commercial Code refers to a set of regulations that govern all business transactions in the United States. It was initially published in the year 1952 and is used to harmonize the laws that govern transactions in the 50 states. The aim of harmonizing state law is important since there has been a prevalence in the number of commercial transactions that extend beyond a single state. The UCC therefore attained the goal of substantial uniformity in the US’s commercial laws and nonetheless granted the states the flexibility to meet local circumstances by making modifications on UCC’s text as an enactment of every state. Movable property i.e. personal property are what the Uniform Commercial Code deals with primarily. Other intentions

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