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With Regard to Article 6 of the Uniform Commercial Code

Question 54

Multiple Choice

With regard to Article 6 of the Uniform Commercial Code, which of the following is accurate?


A) The National Conference of Commissioners on Uniform State Laws and the American Law Institute jointly issued a recommendation stating "that changes in the business and legal contexts in which sales are conducted have made regulation of bulk sales necessary."
B) Nearly all of the states have repealed Article 6 of the UCC.
C) Article 6.1 is a revision of Article 6.
D) Article 6 needed revision because the original version did not offer protection to creditors involved in bulk sales.

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