Documents of title are governed by ________, which may be issued in conjunction with the bailment, when a bailment is for the purpose of transportation or storage of goods.
A) Article II of the Constitution
B) Article VII of the Uniform Commercial Code
C) state law
D) federal law
E) the state or federal courts depending on the goods

Question

Quizplus · Accepted Answer

Documents of title are governed by Article VII of the Uniform Commercial Code (UCC), which applies to documents issued in connection with the bailment of goods for purposes such as transportation or storage.

Documents of Title Are Governed by ________, Which May Be