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UCC Article 4A Is Designed to Provide a Statutory Framework

question 67

True/False

UCC Article 4A is designed to provide a statutory framework for electronic funds transfers by individual consumers.

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Definitions:

Windsor v. United States

A landmark Supreme Court case that declared Section 3 of the Defense of Marriage Act (DOMA) unconstitutional, advancing the rights of same-sex couples.

Same-Sex Marriage

The legally or socially recognized marriage between two individuals of the same gender.

State-Level

Pertaining to the individual states within a federation, as opposed to the national or federal government, focusing on policies and governance at the state level.

Dual Federalism

A political arrangement in which power is divided between the federal and state governments in clearly defined terms, with state governments exercising those powers accorded to them without interference from the federal government.

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