Multiple Choice
Which of the following is true regarding the creation of the Uniform Commercial Code?
A) The Uniform Commercial Code was created by the National Conference of Commissioners on Uniform State Laws, the American Law Institute, and the U.S. Commercial Consortium.
B) The Uniform Commercial Code was created by the U.S. Commercial Consortium and the National Conference of Commissioners on Uniform State Laws, but not the American Law Institute.
C) The Uniform Commercial Code was created by the National Conference of Commissioners on Uniform State Laws and the American Law Institute, but not the U.S. Commercial Consortium.
D) The Uniform Commercial Code was created by a federal congressional committee.
E) The Uniform Commercial Code was created by state legislative representatives from all 50 states.
Correct Answer:
Verified
Correct Answer:
Verified
Q53: [Dress Shop Problems] Lara, who has a
Q54: The UCC distinguishes merchants from _.<br>A) employers<br>B)
Q55: When may a party be considered a
Q56: Under what circumstances does the parol evidence
Q57: Which of the following is true regarding
Q59: A contract that combines a good with
Q60: Which statement is true regarding materials that
Q61: When courts interpret sales and lease contracts,
Q62: Under Article 2(A) of the UCC, what
Q63: Article 2 of the UCC defines _