Which Section of the Uniform Commercial Code (UCC)indicates That It Is

question 57

Multiple Choice

Which section of the Uniform Commercial Code (UCC) indicates that it is presumed that an assignment includes a delegation under contract law?

• A)2-210
• B)1-104
• C)7-344
• D)2-114

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Definitions:

Monetary Damages

Compensation awarded in the form of money to a person who has suffered loss or injury as a result of the wrongful act of another.

Liquidated Damage Clause

A provision in a contract specifying a predetermined amount of damages to be paid if one party breaches the agreement.

Specific Performance

A legal remedy whereby a court orders a party to perform a specific act, often pertaining to fulfilling a contract.

Personal Services

Services provided directly to individuals based on personal skill or expertise.