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B) Nearly all of the states have repealed Article 6 of the UCC.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 60 is a revision of Article 6.
D) All of these are accurate.
E) None of these are accurate.

Question

Quizplus · Accepted Answer

Article 6 of the Uniform Commercial Code (UCC), which deals with bulk sales, has indeed been repealed by nearly all states due to its perceived obsolescence and the administrative burden it placed on businesses.

With Regard to Article 6 of the Uniform Commercial Code