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Glossary of Tort Law Terms
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Legal
Glossaries Index
Uniform Commercial Code: A
model statute covering things such as the sale of goods, credit, and bank
transactions. All states have adopted and adapted the entire UCC, with the
exception of Louisiana, which only adopted parts of it.
Unjust Taking: When the
government acquires private property and fails to compensate an owner fairly. A
taking can occur even without the actual physical seizure of property, such as
when a government regulation has substantially devalued a property.
Uphold: The decision of an
appellate court not to reverse a lower court decision.
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