The UCC is a model act passed in 1949 that includes comprehensive laws that cover most aspects of commercial transactions.
The UCC (Uniform Commercial Code) is a piece of legislation that regulates and legitimizes particular business relationships. It combines rules from several laws pertaining to business activities.
UCC is a generally enacted state law rather than a federal statute. This is a thorough set of regulations that regulate and make legitimate particular commercial transactions. The UCC promotes the idea of coordinating business transactions and business law.
It is simpler to uphold the law even when several jurisdictions are engaged in a dispute when there is uniformity across the nation. The majority of the states have ratified the United States Code's unified commercial code.
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The Madisonian model designs a structure of government in which power is divided in three independent branches: legislative, executive and judicial. The main aim is to keep power balanced. Each of the powers can check on the others and prevent that they exceed their functions. None of the three powers could gather such a large amount of power to rule over the others, without being punished. Hence tyranny cannot be imposed.
All this ideas regarding the division of powers and the efficiency of this system on the control of tyranny, come from the <em>The Spirit of the Laws (1748)</em>, written by the French philosopher Montesquieu.
Answer:
Hazing
Explanation:
Hazing is defined as any action or situation created by the members of a group as a way to introduce a person into the group and often harassment, embarrassment, physical discomfort or harm.
Hazing also involves forced consumption of alcohol.
It is done to prove their worth to join.
Some of the common places where hazing occurs are universities, colleges, schools, sports, clubs, societies, etc.
Hazing can be subtle, harassing and violent.
Answer:
Selling price of Victor = 130 Naira
Explanation:
Given:
Victor brought dress (Purchase price) = 120 Naira
Victor gets profit = 10 Naira
Find:
Selling price of Victor
Computation:
Sales price = Purchase price + Profit
Selling price of Victor = Victor brought dress (Purchase price) + Victor gets profit
Selling price of Victor = 120 Naira + 10 Naira
Selling price of Victor = 130 Naira
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