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What Is the Uniform Commercial Code

Question 6

Multiple Choice

What is the Uniform Commercial Code?


A) a federal law establishing common practices in each state regarding commercial affairs
B) a set of codes states may voluntarily adopt in order to reduce interstate differences in judicial opinions in contract law cases
C) judicial guidelines established by the Supreme Court explaining the meaning of federal economic regulations
D) a federal law regulating all forms of advertisements throughout the United States
E) a set of federal codes establishing common practices in each state regarding international commercial affairs

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