Precise Engineering, P.C., is a California-based firm that does business with clients throughout North America. Precise Engineering plans and executes construction projects, and buys and sells developed and undeveloped land, and related equipment and supplies. Precise Engineering has had to confront work-site theft and vandalism. With respect to these circumstances, the Uniform Commercial Code (UCC) provides a framework for
A) commercial transactions for the sale of and payment for goods.
B) international construction contracts.
C) domestic and foreign transactions in real estate.
D) prosecuting crimes against business interests.

Question

Quizplus · Accepted Answer

The UCC provides rules and regulations for commercial transactions involved in the buying and selling of goods, including payment and delivery. As Precise Engineering buys and sells supplies and equipment related to its construction projects, the UCC can offer a framework for mitigating theft and vandalism-related losses.