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Uniform Commercial Code Research Paper

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The Uniform Commercial Code was first written in 1952. It is a (recommendation of laws that can be adopted by the various states uslegal.com). It was developed to create uniformity among the states for the purposes of conducting business across state lines. The UCC itself is not law but more of a template for states to follow when creating their own laws. It is (divided into nine articles and each one relates to different areas of commercial law including sales, leases, negotiable instruments, bank deposits, funds transfers, letters of credit, bulk transfers and bulk sales, warehouse receipts, bills of lading and other documents of title, investment securities, and secured transactions USLegal.com). Conducting business across state lines can

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