Unencumbered, Unfair Competition, Unfair Labour Practice, Uniform Commercial Code

Unencumbered, Unfair Competition, Unfair Labour Practice, Uniform Commercial Code :

Unencumbered : an asset that is owned free and clear without lien

Unfair Competition : any advertising attempt undertaken for deceiving or defrauding a buyer such as by representing the cost or quality of a product as something different from the actual by misrepresenting a product as another, by transgressing on another’s patents or copyrights, etc.

Unfair Labour Practice : an employer’s or labour union’s action that curbs any member’s rights that are enjoyed by him or her as a member of a bargaining unit, as by coercion, discrimination, refusal to bargain, etc.

Uniform Commercial Code : a set of rules that are adopted by most states for standardising the handling of transactions that involve the sale of merchandise, shipping documents, negotiable instruments, stock transfers, etc.


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