Sample Essay on:
Commercial Transactions and International Law

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Essay / Research Paper Abstract

A 4 page paper answering 4 questions about Article 2 of the Uniform Commercial Code and UCITA, the Uniform Computer Information Transactions Act. The Interstate Commerce Commission (ICC) was the first US regulatory agency and the forerunner to both of these pieces of regulatory legislation. Questions include comparing the two entities and a discussion of the distinction between purchased and licensed products. Bibliography lists 4 sources.

Page Count:

4 pages (~225 words per page)

File: CC6_KSlawCommTrans.rtf

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Unformatted sample text from the term paper:

one of the first, and most significant, of the U.S. governments attempts to promote uniformity in commercial laws from state to state? The Interstate Commerce Commission (ICC) was established in 1887 to become the first regulatory commission in U.S. history. It began as an independent agency of the U.S. government and was charged with regulating price and performance aspects of moving goods across state lines. All ground transportation types came under ICC jurisdiction as they came into being, as well as the companies and agencies that brokered or otherwise arranged interstate shipment of tangible goods. The ICC was founded in response to outrage over abuses of railroad malpractices, but it lacked enforcement abilities in its earliest years. The Hepburn Act (1906) expanded the ICCs jurisdiction to include all forms of ground transportation by 1940, and provided enforcement features that also were gradually expanded to keep pace with technological advances in types of transportation available for the movement of goods across state lines. The next federal agency to focus on similar issues - but from the perspective of the consumer rather than of business - was the Federal Trade Commission, established in 1914 during Woodrow Wilsons term as President (Federal Trade Commission: A History, 2004). 2. What are the differences between Article 2 of the Uniform Commercial Code and UCITA? Article 2 of the Uniform Commercial Code addresses the matter of sales only. Its sections give attention to contracts, general obligations of parties, warranties, title transfer, performance, breach, repudiation and remedies (Uniform Commercial Code - Sales, n.d.). UCITA, the Uniform Computer Information ...

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