Which EU Treaty Was a Response to the Failure of the European

question 2

Multiple Choice

Which EU treaty was a response to the failure of the European Constitution to be agreed, but still contributed to increasing transparency of EU decision-making and increasing the business-friendly environment in the EU?

• A) the Treaty on the European Union (1993)
• B) the Treaty of Amsterdam (1997)
• C) The Treaty of Nice (2001)
• D) the Treaty of Lisbon (2009)

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Definitions:

UCC

All kinds of commercial dealings within the United States fall under the regulations of the expansive Uniform Commercial Code.

Breach of Contract

The failure to perform any term of a contract, agreement, or promise without a legitimate legal excuse.

UCC

The Uniform Commercial Code (UCC) is a comprehensive set of laws governing all commercial transactions in the United States, intended to standardize and simplify the laws across states.

Cancelling Contract

The legal act of nullifying an agreement, making it legally void and releasing all parties from their obligations under that agreement.