Which of the Following Is True About UCC Article 4A

question 11

Multiple Choice

Which of the following is true about UCC Article 4A?

• A) It is designed to overlap coverage of the Electronic Funds Transfer Act.
• B) It covers both credit and debit transactions.
• C) It covers wholesale funds transfers.
• D) It does not allow parties to vary their rights and obligations by agreement.

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Definitions:

Judgment

involves making considered decisions or forming opinions based on the evaluation of available information and reasoning.

Decision Making

The cognitive process of making choices or selecting options among various alternatives.

Definition of Intelligence

The capacity for learning, understanding, and applying knowledge, as well as problem-solving and adapting to new situations.

Psycholinguistic Theory

The view that language learning involves an interaction between environmental factors and an inborn tendency to acquire language.