Which of the Following Is/are Excluded from UCC Article 4A

question 57

Multiple Choice

Which of the following is/are excluded from UCC Article 4A coverage?

• A)Credit transactions
• B)A transfer of credit that moves from an originator to a beneficiary through the banking system
• C)A funds transfer that is, even partially, governed by the EFTA
• D)All of these.

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Definitions:

Common Ratio

In a geometric sequence, the constant factor by which each term is multiplied to get the next term.

Geometric Sequence

A series of numbers in which each subsequent number is obtained by multiplying the preceding number by a constant, non-zero value known as the common ratio.

Geometric Sequence

An array of numbers wherein each element, after the first, is calculated by multiplying the previous element by a stable, non-zero quantity referred to as the common ratio.

First Five Terms

Denotes the initial five elements or numbers in a sequence or series.