The First Major Expansion of the Commerce Clause of the U.S.Constitution

question 49

Multiple Choice

The first major expansion of the Commerce Clause of the U.S.Constitution was done through which of these?

• A)The Dodd Frank Act
• B)Wickard v.Filburn
• C)Gibbons v.Ogden
• D)The Securities Exchange Act

Recognize the UCC's flexibility in dealing with omitted or ambiguous contract terms.

Identify the circumstances under which a buyer or seller has good title to goods.

Understand the concepts of output and requirements contracts and how they operate under the UCC.

Determine when and how the UCC applies to mixed goods-services transactions.

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Definitions:

Incremental Theorist

An Incremental Theorist believes that personal qualities, such as intelligence and ability, can be developed over time through effort and perseverance.

Entity Theorist

An individual who believes that personal qualities such as intelligence or talent are fixed traits and not significantly changeable over time.

Immediate Success

The rapid achievement of a goal or attainment of positive results shortly after efforts are made.

Prosocial Manner

Behaving in a way that is positive, helpful, and intended to promote social acceptance and friendship.