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According to the Uniform Commercial Code,when Does a Person Have

Question 38

Multiple Choice

According to the Uniform Commercial Code,when does a person have notice of a fact?


A) When the person has actual knowledge of the fact.
B) When the facts and circumstances known to the person at the time in question give the person reason to know that the fact exists.
C) When the person receives notice or notification of the facts.
D) When the person has actual notice of the fact,when the facts and circumstances known to the person at the time in question give the person reason to know that the fact exists,or when the person receives notice or notification of the facts.
E) When the person has actual knowledge of the fact or the facts and circumstances known to the person at the time in question give the person reason to know that the fact exists,but not when the person receives notice or notification of the fact.

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