What Section of the UCC States That an Order to a Manufacturer

question 4

Multiple Choice

What section of the UCC states that an order to a manufacturer requesting shipment of goods may be accepted by a prompt shipment of the goods?

• A) 2-206
• B) 9-301
• C) 1-105
• D) 2-345

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Definitions:

Payment Date

The date on which a dividend, bond interest, or other payment is actually disbursed to investors.

Dividend Reinvestment Plan

A program that allows investors to automatically reinvest their cash dividends in more shares of the issuing company.

Tax Deferred

A status of investment earnings, such as interest or dividends, that are not subject to tax until they are withdrawn or realized at a future date.

Equity Capital

The funds raised by a company through the sale of common or preferred shares, representing ownership interests in the company.