This site is maintained for the Illinois General Assembly by the Legislative Information System, 705 Stratton Building, Springfield, Illinois 62706
It is in the buyer’s interest to carefully negotiate freight terms as the UCC favors the seller when terms are not specified. The most common terms are:
Commercial Law: Express and Implied Warranties Under the Uniform Commercial Code. Introduction. Although we think of the Internet, credit cards, and overnight
(810 ILCS 5/3-101) (from Ch. 26, par. 3-101) Sec. 3-101. Short title. This Article may be cited as Uniform Commercial Code-Negotiable Instruments.
About the Uniform Commercial Code. The Uniform Commercial Code allows a creditor, typically a financial institution or lender, to notify other creditors about a
Understand the difference between trade terms used internationally – Incoterms – with terms used domestically under the Uniform Commercial Code.
Uniform Commercial Code. A general and inclusive group of laws adopted, at least partially, by all the states to further uniformity and fair dealing in business and
SOFTWARE LIABILITY. Cem Kaner, J.D., Ph.D. Copyright © 1997. All rights reserved. In press, Software QA. Note: This paper is based on talks of mine at recent
What is a UCC? The term UCC is short for Uniform Commercial Code. The Uniform Commercial Code represents a general and comprehensive revision of the state’s prior
A standard set of business laws that regulate financial contracts. The Uniform Commercial Code has been adopted by most states in the U.S. The code itself has nine