A Studying Of The Business Part Of American Uniform Commercial Code Revised In 2003

American Uniform Commercial Code is one of the very resplendent achievements in the American law evolving history. Although it is a law of demonstration, it has a far-reaching and extensive influence. This law is considered the most advanced law in the country and is the epoch-making symbol of Commercial law turning into modern Commercial law. In May 2003, American Law Institute and National Conference of Commissioners on Uniform State Laws pass the revised draft of business part of Uniform Commercial Code. In detail, this revision contented range of applying, making contract and article of contract, assuring, carry out and breach of faith, cure, the right of third part, electronic business affairs. By revising, the business part of Uniform Commercial Code accommodated the development of electronic business affairs in the world, and it can guide the lawmaking of electronic business affairs of other country.Turning to our country, this revision drive modernization and electronic of our commercial lawmaking, guide the consummation of the correlative bargaining system, nail down the direction of our electronic contract lawmaking in the future.