ipl-logo

Uniform Commercial Code Pros And Cons

1491 Words6 Pages

The Uniform Commercial Code was initially created in 1945 with the goal of promoting interstate commerce in the United States of America. The code started as a project being created by the Uniform Law Commission (ULC) and the American Law Institute (ALI). The Uniform Law Commission was originally formed as early as 1892 with the intent to write and create uniform commercial laws. They created countless laws before the creation of the UCC the following century. Some of these laws include the Uniform Sales Act and Uniform Warehouse Receipts Act in 1906, the Uniform Conditional Sales Act in 1918, etc. (1) The ULC joined with the American Law Institute to create the Uniform Commercial Code with the goal of creating a code that set guidelines for transactions that occurred between the states. …show more content…

Although each state has its own governing bodies and business focuses, they ultimately are part of one country. Having the UCC allows for the states to communicate and benefit from each other for their own business ventures. The code is also very beneficial for companies that are nationally run and have locations in various states. It would not make sense for the same business to adhere to different standards and regulations on commerce because they are in different states. I understand that it is necessary for businesses to also recognize and prioritize specific characteristics of local areas at all times. Allowing states to create their own commerce regulations would promote the support of local businesses and the wants of the residents in each state. However, this is ultimately unrealistic as thousands of companies span across at least two states. The code allows for consistency amongst businesses across the nation; therefore, I believe that the implementation of the Uniform Commercial Code is a necessary piece of legislation in maintaining the selling of goods in all

Show More
Related

Acme Fireworks: Commo Common Law Vs Uniform Commercial Code

691 Words | 3 Pages

Uniform Commercial Code The contracts with the businesses for ongoing Acme performances would be governed by common law. This is the system of law that ‘emphasizes on making of rules through court decisions and traces the roots to England laws’ (Rogers, 2012). On the other hand, The Uniform Commercial Code (UCC) only governs commercial transactions in which goods are moveable. The UCC was “an endeavor to bring together state laws influencing business into a solitary code that all states could embrace to make interstate trade simpler and more proficient” (Rogers,

Read More

Uniform Commercial Code Research Paper

151 Words | 1 Pages

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).

Read More

The Lieber Code: Domestic Regulation Of The American Civil War

377 Words | 2 Pages

The Lieber Code, signed into law by Abraham Lincoln in 1863 during the American Civil War, was a domestic regulation of the United States Army. When, in 1899, the Hague Convention sought to codify the rules of war, it drew heavily on Lieber’s 157 articles, in which he had set out guidelines to insure that civilians and prisoners of war would be protected, despite the fighting around them. It officially codified the rules of behavior in times of war including the application of martial law, treatment of non-combatants, prisoners of war, and hostages. It also addressed pillage, spying, truces, prisoner exchanges and paroles. This code served as a working paper for the delegates to an international peace conference that included the major European

Read More

Explain What Was The Main Purpose Of The Interstate Commerce Act In 1887

451 Words | 2 Pages

Congress passed the Interstate Commerce act in 1887. In which there were a five people who were an enforcement to the board known as the Interstate Commerce Commission. The reason it was created because of the large response in public demand to regulate railroads. The original purpose of the Interstate Commerce Commission was to regulate railroads and then later regulate trucking. They regulated train rates, buses, and telephones.

Read More

Great Depression DBQ Essay

1038 Words | 5 Pages

These codes legalized collective bargaining and allowed businesses to disregard antitrust laws so they could do anti-competitive practices. This is shown in Source 2 which states “Generally speaking, NIRA legalized collective bargaining and exempted businesses from antitrust laws that barred anti-competitive practices. The proposition and enforcement of Codes of Fair Competition were left to trade associations of specific industries. ”(Source 2). Along with Source 3, we are shown that Title 1 promoted centralized economic planning by instituting codes of fair competition for industry.

Read More

Why Was The Lieber Code Important

663 Words | 3 Pages

The Lieber code established on 24 April 1863 was an order that applied the international laws of war to the United States Army. Today it is is the basis for the Law of Armed Conflict, as well as the Law of War. The Lieber Code was a military order that stated the laws of war into 157 articles that discussed how soldiers would conduct themselves in times of war when dealing with civilians, enemy prisoners of war or any other non-combatants. A man by the name of Dr. Francis Lieber was put in charge of creating this code during the Civil War (hence the name). The Lieber code was order to be apart of the United States Army General Orders and in 1863 it was written as the 100th General Order.

Read More

Analysis Of Charlemagne's Law Code Dbq

492 Words | 2 Pages

Since the beginning of times, rulers from all cities all over the world would create laws that everyone is to follow, to ensure they know who their ruler is. this law code is not an exception. Charlemagne Although it is said that this document was written, edited, and translated by George bell and Henderson Hernest F and was published by a publishing house with the name of George bell and sons situated in London England in 1896 , it is also mentioned that the original author of this law code is Charlemagne, a Christian Roman emperor that ruled from 800 to 814. I think this document was rewritten because the wanted to make it more clear for a wider variety of people.

Read More

Supreme Court Cases: The Heart Of Atlanta Motel

815 Words | 4 Pages

People of all ethnicities are coming in from different states putting motels in the position of needing to adhere to federal and congressional law. Most commerce has interstate properties forcing them to comply with federal regulation whether it be traveling persons, out of state advertising, import/export or outsourcing making purely local commerce almost a untrue. The clause is often paired with the Necessary and Proper Clause, the combination used to take a broad, expansive perspective of powers granted to Congress by the Commerce Clause. Dispute exists within the courts as to the range of these powers however; the effect of the Commerce Clause has varied significantly depending on the Supreme Court's interpretation. During the Marshall Court era, Commerce Clause interpretation empowered Congress to gain jurisdiction over numerous aspects of intrastate and interstate commerce as well as non-commerce.

Read More

What Are The Pros And Cons Of 10 Codes

432 Words | 2 Pages

In law enforcement for the longest time ten codes and signal codes were the primary way of communicating on the radio. But over the years, and the introduction of NIMS, plain talk has become another prominent way of communicating over the radio. In the following paragraphs I will give my take on the pros and cons of ten codes and signal codes versus plain talk. Ten codes were first introduced in law enforcement before World War Two. The first set of ten codes was published in 1940 by the Association of Public Safety Communications Officials.

Read More

The Pros And Cons Of Code Switching

1301 Words | 6 Pages

This paper focuses on how processes deal with code–switching and cyber language manifest in the computer based communication. Code switching and cyber language is defined as a juxtaposition term within the same exchange of passages of speech that belongs to two different grammatical systems and subsystems. On the other hand, it is termed as the use of more than one linguistic variety, by one speaker in the course of one conversation. Therefore, depending on approach, code- switching and cyber language is defined as the juxtaposition of mixed linguistic codes that exists between single sentences or as an alternation of the codes that lacks a single pragmatic program (Danet, 2003).

Read More

Pros And Cons Of Code Switching

455 Words | 2 Pages

Studies and researches on code-switching have been conducted and researchers are on debate on whether or not code-switching is beneficial for language proficiency. On one hand, some researches are against the idea of second language acquisition and code-switching as it delimits a speaker’s ability to understand more his or her first language. Xiaoli (2003) argued that the first language should be used in speaking as it maximizes the speaker’s knowledge of the language. Furthermore, code-switching may serve many purposes in a bilingual or multilingual discourse but some linguists believe that bilinguals and multilinguals have “trouble expressing themselves in either language” because of lack of enough knowledge in the two languages or because of confusion as to whether what word is best used in the discourse (Bhatia & Richie 2004 p. 349–350 cited in Zanova, 2011).

Read More

Strengths And Weaknesses Of The Declaration Of Human Rights Essay

863 Words | 4 Pages

The Universal Declaration of Human Rights was created in 1948 and was one of the first documents that established universal human rights. The Declaration was welcomed by all the nations of the world and continues to remain in effect to this very day. This document is composed of a preamble that is followed by thirty articles. The most essential part of the document is acknowledging and establishing universal human rights. In the preamble of the Declaration, it states “THE GENERAL ASSEMBLY proclaims THIS UNIVERSAL DECLARATION OF HUMAN RIGHTS as common standard of achievement for all peoples and all nations.”

Read More

Uniformitarianism Vs Catastrophism

1121 Words | 5 Pages

Uniformitarianism dates back to the 1830 's and is based on the methodology of Charles Lyell 's Principles of

Read More

Advantages And Disadvantages Of Code Switching

1040 Words | 5 Pages

Code-switching refers to the linguistic phenomenon that occurs when an individual who is either, bilingual or multilingual, alternates their dialect with various languages (Moodley, 2013:55). Associated with code-switching is the concept of Matrix language (dominant language) and the idea of when to use code-switching; whether it is conscious or subconscious. In terms of code-switching in the classroom, there are several aspects that contribute to the advantages of using different languages which may help a student learn particular subjects. For example, an English teacher who is reading a poem that has certain words in a different language. However, there are disadvantages which may hinder the student’s ability to understand certain concepts

Read More

What Are The Disadvantages Of Code Switching

1232 Words | 5 Pages

Code-mixing can be understood as the swapping of languages that befalls within sentences, usually at the level of words or idiomatic expressions. Code-mixing is a certainty because these days a progressively large number of people are bilingual, trilingual or multilingual. Chances of code switching and code mixing thrive when people from different beliefs and speaking different languages cooperate with each other. Code- mixing has become publically and communicatively indispensable and we just cannot pass a day without indulging in it. It aids us in emerging and refining associations, and also permits us to familiarize to any situation we are in.

Read More

More about Uniform Commercial Code Pros And Cons

Open Document