Article 6 of the Code Does Not

question 56

Multiple Choice

Article 6 of the Code does not:

• A) apply to sales of goods in the ordinary course of business.
• B) define "bulk transfer" as any transfer in bulk and not in the ordinary course of business.
• C) apply to merchants whose principal business is the sale of merchandise from stock.
• D) include the transfer of a substantial part of equipment as a bulk transfer under any circumstances.

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Definitions:

Supreme Court

The highest federal court in the United States, consisting of nine Justices and holding the ultimate appellate jurisdiction over all U.S. federal court and state court cases concerning issues of federal law.

Virginia Plan

A proposal by Virginia delegates for a bicameral legislative branch during the drafting of the United States Constitution, focusing on proportional representation.

Philadelphia Convention

The gathering in 1787 that drafted the Constitution of the United States in Philadelphia, also known as the Constitutional Convention.

Congress Representation

The elected individuals who serve in the United States Congress, including members of the House of Representatives and the Senate, representing the American people.