UCC: Copy, customize, and use instantly
Introduction
The term "UCC" (Uniform Commercial Code) refers to a set of standardized laws governing commercial transactions in the United States. It is essential for ensuring consistency and predictability in business dealings across state lines.
Below are various examples of how "UCC" can be defined in different contexts. Copy the one that fits your needs, customize it, and use it in your contract.
Definition of "UCC" for governing commercial contracts
This definition ties "UCC" to regulating commercial transactions.
"UCC" refers to a comprehensive body of law in the United States that standardizes business practices and procedures related to sales, leases, and secured transactions, providing uniformity in commercial contracts.
Definition of "UCC" for sales transactions
This definition connects "UCC" to sales and purchase transactions.
"UCC" means the legal framework that governs the sale of goods in the U.S., providing a set of rules that regulate contracts, delivery, payment terms, and warranties for both buyers and sellers.
Definition of "UCC" for secured transactions
This definition links "UCC" to secured transactions.
"UCC" refers to the provisions of the Uniform Commercial Code that govern secured transactions, outlining the rights and duties of parties involved in borrowing and lending when collateral is involved in the transaction.
Definition of "UCC" for negotiable instruments
This definition applies "UCC" to negotiable instruments.
"UCC" means the section of the Uniform Commercial Code that regulates negotiable instruments, including checks, promissory notes, and other types of written contracts that are transferable and enforceable by the holder.
Definition of "UCC" for business law and trade regulations
This definition ties "UCC" to general business law and trade regulations.
"UCC" refers to the body of law that harmonizes business laws in the United States for commercial transactions, ensuring consistency in the regulation of trade, contracts, and business dealings across state lines.
Definition of "UCC" for warranties in commercial contracts
This definition connects "UCC" to warranties in contracts.
"UCC" means the legal provisions within the Uniform Commercial Code that set forth the warranties implied in contracts for the sale of goods, including warranty of merchantability and fitness for a particular purpose.
Definition of "UCC" for contract performance and breach
This definition links "UCC" to contract performance and breach of contract.
"UCC" refers to the rules within the Uniform Commercial Code that outline the performance obligations of parties involved in contracts for the sale of goods, as well as the legal consequences for breaching such contracts.
Definition of "UCC" for merchant transactions
This definition applies "UCC" to transactions between merchants.
"UCC" refers to the specific provisions within the Uniform Commercial Code that govern transactions between merchants, including the formation, performance, and enforcement of contracts, and dealing with breaches and remedies in commercial agreements.
Definition of "UCC" for contract formation and interpretation
This definition ties "UCC" to the rules for forming and interpreting contracts.
"UCC" means the legal principles under the Uniform Commercial Code that govern the formation, terms, and interpretation of contracts related to the sale of goods, with a focus on flexibility and uniformity in business transactions.
Definition of "UCC" for international trade transactions
This definition connects "UCC" to international trade law.
"UCC" refers to the sections of the Uniform Commercial Code that provide guidelines for cross-border trade, including the sale of goods and services, ensuring consistency in commercial contracts that involve international parties.
Definition of "UCC" for bulk sales
This definition links "UCC" to bulk sales regulations.
"UCC" refers to the provisions of the Uniform Commercial Code that regulate the sale of goods in bulk, ensuring protection for creditors and buyers when a business sells a substantial portion of its inventory or assets.
Definition of "UCC" for electronic transactions
This definition applies "UCC" to modern electronic transactions.
"UCC" refers to the updated provisions of the Uniform Commercial Code that govern electronic commerce and digital transactions, including contracts for the sale of goods and services that are conducted electronically.
Definition of "UCC" for performance standards
This definition connects "UCC" to setting performance standards.
"UCC" refers to the standards established by the Uniform Commercial Code that govern the quality, timing, and manner of performance in contracts for the sale of goods, including rules on delivery and acceptance.
Definition of "UCC" for dispute resolution in sales agreements
This definition ties "UCC" to resolving disputes in sales contracts.
"UCC" means the provisions within the Uniform Commercial Code that provide mechanisms for resolving disputes between parties in sales agreements, including remedies for breach and guidelines for performance and delivery issues.
Definition of "UCC" for financing and credit transactions
This definition links "UCC" to financing and credit laws.
"UCC" refers to the provisions in the Uniform Commercial Code that regulate secured credit transactions, outlining the rights of lenders and borrowers and the procedures for creating and enforcing security interests in property.
Definition of "UCC" for business transactions and uniformity
This definition applies "UCC" to business transactions across states.
"UCC" refers to the body of law designed to create uniformity in business transactions, particularly in the sale of goods and secured transactions, helping businesses navigate cross-state and cross-jurisdictional issues.
Definition of "UCC" for contract enforcement
This definition ties "UCC" to the enforcement of commercial contracts.
"UCC" refers to the guidelines set forth in the Uniform Commercial Code that enforce the terms of contracts for the sale of goods, ensuring that contractual obligations are met and providing remedies in case of breach.
Definition of "UCC" for consumer protection in sales transactions
This definition links "UCC" to consumer protections in commercial law.
"UCC" means the provisions in the Uniform Commercial Code that safeguard consumers in sales transactions, including the protection of their rights regarding warranties, returns, and the quality of goods purchased.
Definition of "UCC" for contract validity in commercial transactions
This definition ties "UCC" to ensuring contract validity.
"UCC" refers to the set of rules that establish the validity of contracts for the sale of goods, providing clear guidelines for forming and enforcing agreements between buyers and sellers in commercial transactions.
Definition of "UCC" for assignment of contract rights
This definition connects "UCC" to assigning contract rights.
"UCC" means the legal framework that governs the assignment of rights and duties in contracts related to the sale of goods, allowing for the transfer of obligations and benefits to third parties.
Definition of "UCC" for agency relationships in commercial transactions
This definition links "UCC" to agency relationships.
"UCC" refers to the provisions that outline the rights and responsibilities of agents acting on behalf of principals in commercial transactions, particularly in the context of sales and leasing agreements.
Definition of "UCC" for remedies in the event of non-performance
This definition applies "UCC" to remedies for non-performance.
"UCC" means the rules that determine the available remedies for a party when the other party fails to perform their contractual obligations in a sale of goods transaction, including damages, specific performance, and contract cancellation.
Definition of "UCC" for capacity to contract
This definition ties "UCC" to determining contract capacity.
"UCC" refers to the provisions that address the capacity of individuals or entities to enter into contracts, particularly in the context of commercial transactions and the sale of goods, and the legal consequences of lacking capacity.
Definition of "UCC" for course of dealing and trade usage
This definition connects "UCC" to the interpretation of trade practices.
"UCC" means the guidelines that allow for the interpretation of contracts based on the course of dealing between the parties and established trade usages, helping to clarify terms in sales agreements.
Definition of "UCC" for conditions precedent and subsequent
This definition links "UCC" to conditions in sales contracts.
"UCC" refers to the rules that govern conditions precedent and subsequent in sales transactions, which stipulate certain conditions that must be fulfilled before or after the contract's performance.
Definition of "UCC" for contract modification
This definition applies "UCC" to contract modifications.
"UCC" means the provisions that govern the modification of contracts for the sale of goods, allowing changes to be made to an agreement without the need for additional consideration, provided both parties agree to the modifications.
Definition of "UCC" for acceptance of goods
This definition ties "UCC" to the acceptance process in sales contracts.
"UCC" refers to the rules governing the acceptance of goods in commercial transactions, specifying the process through which the buyer acknowledges that the goods conform to the contract and the consequences of rejecting them.
Definition of "UCC" for impossibility of performance
This definition connects "UCC" to dealing with impossibility of performance.
"UCC" refers to the legal framework that addresses situations where performance of a contract becomes impossible, providing guidelines for the excusal of performance due to unforeseen events.
Definition of "UCC" for anticipatory breach
This definition links "UCC" to anticipatory breach of contract.
"UCC" means the rules that govern anticipatory breaches, where one party expresses their intent not to perform their obligations under the contract before performance is due, allowing the other party to seek remedies.
Definition of "UCC" for good faith performance
This definition applies "UCC" to requiring good faith.
"UCC" refers to the requirement that all parties involved in commercial transactions for the sale of goods perform their contractual obligations in good faith and with fair dealing, ensuring ethical business practices.
Definition of "UCC" for title transfer in sales agreements
This definition connects "UCC" to the transfer of title.
"UCC" refers to the rules regarding the transfer of title to goods in sales agreements, determining when ownership of the goods passes from the seller to the buyer.
Definition of "UCC" for breaches involving warranties
This definition links "UCC" to breach of warranties in contracts.
"UCC" means the provisions that define warranties in contracts for the sale of goods, including the warranty of merchantability and fitness for a particular purpose, and the remedies available if these warranties are breached.
Definition of "UCC" for express and implied terms in contracts
This definition ties "UCC" to terms in contracts.
"UCC" refers to the distinction between express and implied terms in commercial contracts, specifying how the Uniform Commercial Code applies to both types of terms, particularly in the sale of goods.
Definition of "UCC" for default rules in contracts
This definition connects "UCC" to default contractual rules.
"UCC" means the default rules established by the Uniform Commercial Code that apply in the absence of specific agreement between parties, helping guide the formation and enforcement of contracts for the sale of goods.
Definition of "UCC" for commercial paper
This definition links "UCC" to commercial paper.
"UCC" refers to the rules that govern negotiable instruments such as promissory notes and checks, providing the legal framework for the creation, transfer, and enforcement of these financial instruments.
Definition of "UCC" for limitations on liability
This definition applies "UCC" to limitations on liability in contracts.
"UCC" means the provisions within the Uniform Commercial Code that limit the liability of parties in commercial contracts, particularly in relation to the sale of goods, by specifying exclusions or caps on damages.
This article contains general legal information and does not contain legal advice. Cobrief is not a law firm or a substitute for an attorney or law firm. The law is complex and changes often. For legal advice, please ask a lawyer.