Asked by
Karly Johnston
on Nov 01, 2024Verified
Article 2 of the ________ is a model set of laws designed to govern the sale of goods in commercial transactions in the United States.
A) Uniform Contract Law Code
B) Uniform Common Code
C) Uniform Civil Code
D) Uniform Commercial Code
Uniform Commercial Code
A comprehensive set of laws governing all commercial transactions in the United States.
Model Laws
Statutes recommended by organizations, such as the Uniform Law Commission, for adoption by all jurisdictions to encourage consistent legal standards across states or countries.
Commercial Transactions
Activities or deals involving the exchange of goods or services between businesses or individuals for the purpose of commerce.
- Comprehend the role and impact of the Uniform Commercial Code in governing commercial transactions.
Verified Answer
ZJ
Learning Objectives
- Comprehend the role and impact of the Uniform Commercial Code in governing commercial transactions.