Multiple Choice
Which of the following is correct about the Uniform Commercial Code?
A) Article 3 covers negotiable instruments; Article 4 covers bank deposits and collections.
B) Article 2 covers negotiable instruments as well as bank deposits and collections.
C) Article 4 and 4A are the only articles that affect the banking system.
D) It does not apply to the banking collection and deposit process because negotiable instruments are not considered "goods."
Correct Answer:
Verified
Correct Answer:
Verified
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