2 ms·
> I don't think U.C.C. applies to interstate commerce https://www.uniformlaws.org/acts/ucc https://www.uniformlaws.org/acts/ucc The Uniform Commercial Code
by walterbell 2y ago
> I don't think U.C.C. applies to interstate commerce
https://www.uniformlaws.org/acts/ucc https://www.uniformlaws.org/acts/ucc
The Uniform Commercial Code (UCC) is a comprehensive set of laws governing all commercial transactions in the United States. It is not a federal law, but a uniformly adopted state law. Uniformity of law is essential in this area for the interstate transaction of business. Because the UCC has been universally adopted, businesses can enter into contracts with confidence that the terms will be enforced in the same way by the courts of every American jurisdiction.
- eesmith 2y agoAhh, and a look at Wikipedia would have told me the same: https://en.wikipedia.org/wiki/Uniform_Commercial_Code#Goals https://en.wikipedia.org/wiki/Uniform_Commercial_Code#Goals It still has nothing to do with blockchain applied to a bill of lading, which was the implication in the linked-to piece.