Covering the Ucc

Running head UCC Uniform commercial Code The Uniform Commercial Code generally regulates commerce or foxiness on a national basis. Do you suppose that the UCC would directly or indirectly have any resolution on international commerce? If so, what effect on international or worldwide commerce do you think the UCC might cause? In order to give an answer one must understand that in the world trade attention everything ties together.The UCC might just be a State side regulatory law system, but it has to put on the international world too this might not be direct, but the effects have to exist. When US companies trade outside of the US, their regulations affect the international buyer. Payments, contracts and agreements that are drawn up under the UCC for companies that wish to contract businesses internationally have affected international businesses with the UCC. Now this in no way saying this is a bad thing. It just means that the same rules we use have to be used by companies th at trade within the US.Think of credit cards, they use the UCC in order to keep getting paid from the card pallbearer as well as the card holder keeping his or her rights as an individual or company. Without a clear set of regulatory laws in place like the UCC big companies and one-man operations would not have the rights and protections they have nor would the consumers have rights and protections. References EditorialBoard. (2012). 7. Introduction to Business Law (pp. 148-168). Schaumburg, IL Words of Wisdom, LLC..