Author Question: Executive orders are issued by Congress. Indicate whether the statement is true or ... (Read 53 times)

gbarreiro

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Executive orders are issued by Congress.
  Indicate whether the statement is true or false

Question 2

Discuss uniform laws such as the Uniform Commercial Code, how they are developed and what impact they have on the law of the United States.



jesse.fleming

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Answer to Question 1

FALSE

Answer to Question 2

Some of the laws passed by the states are uniform laws, which are drafted by groups of businesspeople, scholars, and lawyers in an effort to make interstate business less complicated. For example, the Uniform Commercial Code (UCC), which has been adopted in 49 states, governs contracts for the sale of goods, commercial paper, security interests, and other types of commercial transactions. Having this uniform law in the various states gives businesses the opportunity to deal across state lines with some certainty. Other uniform acts passed by many state legislatures include the Uniform Partnership Act (Revised), the Uniform Residential Landlord Tenant Act, the Model Business Corporation Act, and the Uniform Probate Code.



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