Which of the Following Statements Is True About the Laws

question 63

Multiple Choice

Which of the following statements is true about the laws under the Uniform Commercial Code (UCC) ?

• A) The laws of the UCC exclude individuals but include firms and charitable trusts in their scope.
• B) The laws of the UCC permit sales of goods to have open nonquantity terms to be decided at a future time.
• C) Section 2-207 of the UCC applies the mirror image rule for contracts involving the sale of goods.
• D) The laws of the UCC allow the rules of consideration to apply to firm offers.
• E) The statute of frauds under the UCC covers the sale of goods of $400 or less.

---

Definitions:

Main Ideas

The central concepts or underlying messages in a piece of communication or work.

Effective Meaning

The successful conveyance or communication of a particular message or idea so that it is understood by others.

Topic Sentence

A sentence that expresses the main idea of the paragraph in which it occurs, guiding the reader's understanding of the section's content.

Main Idea

The central thought or message that an author intends to communicate through their text.