Bild-Rite,Inc.,is a Colorado-based firm that does business with clients throughout North America.Bild-Rite oversees construction projects,and buys and sells commercial buildings,undeveloped land,and construction supplies and other goods.Bild-Rite has had to deal with work-site theft and vandalism.With respect to these circumstances,the Uniform Commercial Code (UCC)provides a framework for
A)commercial transactions for the sale of and payment for goods.
B)international construction contracts.
C)domestic and foreign transactions in real estate.
D)prosecuting crimes against business interests.

Question

Quizplus · Accepted Answer

The UCC provides guidelines and regulations for the sale of goods and the payment for those goods, which would include construction supplies and other materials purchased by Bild-Rite. The UCC does not address international contracts, real estate transactions, or prosecution of crimes.