Multiple Choice
Under which of the following circumstances would the Uniform Commercial Code UCC) apply?
A) When both parties to a sales transaction engage in interstate commerce.
B) When the parties are residents of different countries,regardless of the amount of the sales transaction.
C) When both parties to a sales transaction are residents of the United States
D) When the amount of the sales transaction exceeds $10,000.
E) When the parties are residents of different countries and the amount of the sales transaction exceeds $10,000.
Correct Answer:

Verified
Correct Answer:
Verified
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