Which of the Following Is True of UCITA

question 18

Multiple Choice

Which of the following is true of UCITA?

• A)It establishes the rules for operation of franchises in the U.S.A.
• B)It does not become law until a state adopts it as a statute.
• C)It solely deals with the formation of electronic contracts, not licenses.
• D)It addresses most of the legal issues that are encountered while starting an entrepreneurial venture.

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Definitions:

Expression

A combination of symbols that together represent a numerical or algebraic expression.

\(x\)

A symbol commonly used to represent an unknown quantity in mathematics.

\(2y^5\)

A mathematical expression, specifically a monomial, indicating the product of the constant 2 and the variable \(y\) raised to the fifth power.

Equation

A mathematical statement that asserts the equivalence of two expressions.