Which of the Following States Has Adopted Only Portions of the Uniform

question 19

Multiple Choice

Which of the following states has adopted only portions of the Uniform Commercial Code that do not conflict with its historically French-based code law?

• A)Louisiana
• B)Alabama
• C)Massachusetts
• D)Connecticut
• E)Florida

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Definitions:

Business Ownership

This pertains to the legal possession and responsibility of a business entity.

Large Company

A corporation or enterprise that operates on a large scale in terms of revenue, employees, or market presence.

Franchisors

Companies or individuals that grant the license to a third party for the conducting of a business under their brand and name.

Return on Investment

A performance measure used to evaluate the efficiency or profitability of an investment, calculated as the net profit of the investment divided by the cost of the investment.