What AR Should Know about the Uniform Commercial Code's Article 7

September 10, 2019


The Uniform Commercial Code (UCC) has been described as one of the most important developments in American law. The code contains legal definitions and guidelines that can be helpful tools for AR professionals. This is the fourth in a series of articles about the code. Documents of Title The Uniform Commercial Code's (UCC) Article 7, Documents of Title, governs bills of lading and warehouse receipts. A document of title is a legal record that proves its holder may receive, take possession of…

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