Which of the Following Statements Is True About the UCC

question 10

Multiple Choice

Which of the following statements is true about the UCC?

• A)One of the purposes of UCC was to promote fair dealing and higher standards of behavior in the marketplace.
• B)The most obvious purpose of UCC was to establish a uniform law to govern commercial transactions that often takes place within the state.
• C)In accordance with the intentions of the drafters of UCC,complete uniformity has been achieved.
• D)The Code is divided into 10 articles that deal with many of the problems that might ordinarily arise in a commercial transaction.

---

Definitions:

Morale

The overall sense of well-being, satisfaction, and enthusiasm among members of a group, team, or workforce, often seen as a critical factor in productivity.

Globalization

The process of interaction and integration among people, companies, and governments worldwide, often driven by international trade and investment and aided by informational technology.

Diversity Initiatives

Programs and policies designed to promote and support inclusivity and diversity within workplaces or communities.

Canadian Charter

Short for the Canadian Charter of Rights and Freedoms, a bill of rights entrenched in the Constitution of Canada.