Which of the Following Is True About the Law Governing

Multiple Choice

Which of the following is true about the law governing negotiable instruments?

A) Somewhat fewer than half the states adopted the original version of Article 3 of the UCC.
B) Most negotiable instrument law is contained in federal statutes.
C) The most recent version of Article 3 of the UCC was released in 1990.
D) Negotiable instruments law comes primarily from common law.
E) Federal law has exclusive jurisdiction in negotiable instruments law.