Which of the Following Is True When Article 2 Is

question 33

Multiple Choice

Which of the following is true when Article 2 is silent on issues of sales contract formation or interpretation?

• A) Federal law applies.
• B) Federal law or state law applies depending on the good.
• C) The common law applies unless a state has passed a statutory law regarding contracts.
• D) Courts will look to a different article within the UCC for guidance.
• E) The CISG will be used.

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Definitions:

Decimal Places

The count of figures positioned after the decimal point within a number.

Divide

A basic mathematical operation involving the division of one number by another to find a quotient.

Decimal Places

The number of digits to the right of the decimal point in a numerical value.

Divide

To perform division, which is one of the four basic operations in mathematics, separating something into equal parts or groups.