Identify the Choice That Best Completes the Statement or Answers

question 17

Multiple Choice

Identify the choice that best completes the statement or answers the question.
-The Accredited Standards Committee sets up templates for the transaction files.The structure is referred to as the _of the file.

• A)architecture
• B)shape
• C)database
• D)source code

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Definitions:

UCC's Writing Requirements

refers to the stipulations under the Uniform Commercial Code that dictate when a contract must be in writing to be enforceable.

Written Agreement

A legally binding contract that is documented in a written format and signed by all parties involved.

Partial-Performance Exception

A legal principle allowing for the enforcement of an otherwise unenforceable contract due to one party's significant reliance on the agreement and performance.

Statute Of Frauds

A legal doctrine requiring certain types of contracts to be in written form and signed to be enforceable, aimed at preventing fraudulent claims.