Which of the Following Statements Is True About the Uniform

question 45

Multiple Choice

Which of the following statements is true about the Uniform Commercial Information Transactions Act (UCITA) ?

• A) Unlike the UCC, states can decide whether or not to adopt UCITA.
• B) UCITA applies to physical goods, like the UCC.
• C) UCITA was adopted by the UCC.
• D) In 2001, Virginia became the first state to enact UCITA, probably because major Internet-related companies are headquartered in Northern Virginia.
• E) All states have adopted UCITA.

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Definitions:

General Adaptation Syndrome

A theory proposing three stages of physiological response to stress: alarm, resistance, and exhaustion.

Resistance

The refusal to accept or comply with something; in physics, it refers to the property of a material or object that impedes the flow of electrical current.

Type A Personality

Characterized by a constant feeling of working against the clock and a competitive, aggressive, and highly driven nature.

Type B Personality

A personality type characterized by a relaxed, patient, and easy-going nature, in contrast to the more intense and deadline-oriented Type A personality.