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Which of the Following Statements Is True About the UCC

Question 2

Multiple Choice

Which of the following statements is true about the UCC?


A) One of the purposes of UCC was to promote fair dealing and higher standards of behavior in the marketplace.
B) The most obvious purpose of UCC was to establish a uniform law to govern commercial transactions that often takes place within the state.
C) In accordance with the intentions of the drafters of UCC,complete uniformity has been achieved.
D) The Code is divided into 10 articles that deal with many of the problems that might ordinarily arise in a commercial transaction.

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