What is the primary purpose of the Uniform Commercial Code (UCC)?

The primary purpose of the Uniform Commercial Code (UCC) is to ensure consistent commercial practices across states. The UCC serves as a comprehensive set of laws that harmonize the rules governing commercial transactions, such as sales of goods, secured transactions, and negotiable instruments. By providing a uniform framework, the UCC helps facilitate interstate commerce and minimizes misunderstandings that could arise from differing state laws. This consistency enables businesses to operate more smoothly and predictably, enhancing legal clarity and fostering economic growth.

The other options address different areas of business law but do not align with the UCC’s objectives. Regulating trade secrets focuses on intellectual property protection, tax regulations pertain to fiscal policies, and employment contracts fall under labor law rather than commercial transactions. Thus, the UCC's main goal is to create a standardized code that can be adopted by states to improve the efficiency and reliability of commercial dealings.