Which of the Following Is the Reason the Uniform Commercial

question 33

Multiple Choice

Which of the following is the reason the Uniform Commercial Code was drafted?

• A)Different states had different laws governing contracts that did not allow interstate commerce to flow smoothly.
• B)Many states had no law governing contracts.
• C)Federal law governing contracts was difficult to apply.
• D)The Uniform Contracts Code had already been successfully adopted by the states.
• E)The Restatement of the Law Second,Contracts was not being evenly and fairly applied.

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Definitions:

Self-verification

The tendency for individuals to seek confirmation of their self-concept, whether positive or negative, from the external environment.

Symbolic Self-completion

A theory that individuals strive to achieve and maintain self-definitions, and when they feel incomplete in a certain role, they seek symbols that represent success in that area.

Social Comparison

The process of evaluating oneself by comparison with others, often in terms of abilities, achievements, and social status.

Sociometer Model

The idea that a basic function of self-esteem is to indicate to the individual how much he or she is accepted by other people.