Article 2 of the Uniform Commercial Code Does Not Apply

question 10

True/False

Article 2 of the Uniform Commercial Code does not apply to the sale of services.

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Definitions:

Insurance Premiums

Payments made to an insurance company in exchange for coverage, typically paid on a regular basis such as monthly or annually.

Regular Premium

The amount that is paid on a regular schedule for an insurance policy, to maintain coverage.

Low-risk Driver

A driver who is considered less likely to file an insurance claim and therefore may qualify for lower insurance premiums.

Insurance Premiums

The amounts paid by individuals or businesses for insurance policies to provide coverage against various risks.