The Uniform Commercial Code Contains a Statute of Frauds Rule

question 42

Multiple Choice

The Uniform Commercial Code contains a statute of frauds rule relating to sales of personal property,specifically:

• A) goods.
• B) chattel paper.
• C) real property.
• D) none of the above.

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Definitions:

Produces

Creates or manufactures goods or outcomes through a process of effort or operation.

Distributes

refers to the process of giving or delivering something to a number of recipients, spreading items or resources evenly or according to a plan.

Consumes

To utilize something as a resource, often referring to the act of eating or drinking, but can also mean the usage of goods, services, or information.

Disproportionately Poor

A term describing how poverty affects certain groups of people more severely than others, often due to systemic inequalities.