Thursday, September 26, 2019
Comparison of The Uniform Commercial Code and UCITA Essay
Comparison of The Uniform Commercial Code and UCITA - Essay Example    Commerce clause which was founded in article 1,section 8 of the U.S. constitution   was the one of the first and most significant attempts of the U.S. government to   promote uniformity in commercial laws from state to state. Two key factors in   section 8 are:   "To regulate Commerce with foreign Nations, and among the   several States, and with the Indian Tribes" and "To establish   a uniform Rule of Naturalization and uniform Laws on the   subject of Bankruptcies throughout the United States".  The National Conference of commissioners on uniform state laws (NCCUSL) on   July 29 adopted Uniform Computer Information Transactions Act (UCITA) after   revising the proposals again and again. The (UCC) Uniform Commercial Code is   intended to promote uniformity in the area of (CIT) Computer Information   Transactions. Here the question arises ââ¬Å"What is computer information   transactions?â⬠ "commercial agreements to create, modify, transfer or distribute   computer software, multimedia interactive products, computer data and databases   [and] Internet and online informationâ⬠ all these things are included in computer   information transactions under the model act.       
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