UCC Article 1
UCC Article 1 is part of the Uniform Commercial Code, a set of laws designed to standardize commercial transactions across the United States. Article 1 provides general definitions and principles that apply to the entire UCC, establishing a framework for understanding terms and concepts used in commercial law.
This article covers essential topics such as the scope of the UCC, the definitions of key terms, and the rules for interpreting the code. By providing a consistent foundation, UCC Article 1 helps businesses and legal professionals navigate commercial transactions more effectively.