An Example of a Free Trade Area Would Be

question 2

Multiple Choice

An example of a free trade area would be:

• A)the European Union.
• B)the Soviet Union.
• C)the United Kingdom.
• D)NAFTA
• E)the United Nations.

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Definitions:

Unclear

Not easy to see, understand, or distinguish; not obvious or definite.

Valid Acceptance

An unqualified expression of assent to the terms of an offer, forming a contract.

Present Intent

A legal term indicating a person's current intention to perform an act or designate a legal status to an item of property.

UCC

Stands for Uniform Commercial Code; a comprehensive set of laws governing all commercial transactions in the United States.