What Uniform Commercial Code (UCC)section Indicates That It Is Presumed

question 14

Multiple Choice

What Uniform Commercial Code (UCC) section 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

---

Definitions:

Utility

The total satisfaction received from consuming a good or service.

Expected Utility Maximizer

An economic agent who selects the option that maximizes the anticipated utility, based on certain probabilities and outcomes.

Utility Function

A mathematical representation of how a consumer ranks different bundles of goods or levels of happiness.

Risk Neutral

A condition or attitude where an individual or entity is indifferent to risk when making investment or economic decisions, focusing solely on potential outcomes without regard to the associated risks.