Article 5 of the Uniform Commercial Code governs ________.
A) sales of intangible goods
B) finance leases
C) letters of credit
D) general provisions

Name: Article 5 of the Uniform Commercial Code governs ________. A) sales of intangible goods B) finance leases C) letters of credit D) general provisions
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Question

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Article 5 of the Uniform Commercial Code (UCC) specifically governs letters of credit, which are used in commercial transactions to assure payment.

Article 5 of the Uniform Commercial Code Governs ________