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Which Statement Is True Regarding the Sources of Laws That

Question 58

Multiple Choice

Which statement is true regarding the sources of laws that interpret sales contracts?


A) Two sources of laws that interpret sales contracts exist: state common law and the Uniform Commercial Code.
B) Two sources of laws that interpret sales contracts exist: the Uniform Commercial Code and state statutory law.
C) Two sources of laws that interpret sales contracts exist: state common law and state statutory law.
D) Three sources of laws that interpret sales contracts exist: state common law,the Uniform Commercial Code,and state statutory law.
E) The Uniform Commercial code is the only source of law interpreting sales contracts.

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