What is the primary purpose of the Uniform Commercial Code?

The primary purpose of the Uniform Commercial Code (UCC) is to facilitate business transactions, especially those involving contracts. It achieves this by providing a comprehensive set of laws that govern commercial transactions, such as the sale of goods, leases, negotiable instruments, bank deposits, and secured transactions. By standardizing these laws across different jurisdictions, the UCC aims to reduce confusion and promote consistency in business practices. This uniformity allows businesses to engage in transactions with greater certainty and reduced legal risk, as parties can rely on a common set of regulations governing their interactions.

In contrast, the other options focus on different aspects of law and regulation, which are not the primary aim of the UCC. For instance, while international trade regulations are critical, they are not the UCC's focus. Standardizing property laws falls under different legal principles, and labor relations are typically governed by labor laws and statutes rather than commercial codes like the UCC. Thus, the UCC's main goal remains the facilitation of business transactions through streamlined and consistent commercial law.