If a Firm Enters into a Contract Governed by the Uniform

question 67

Multiple Choice

If a firm enters into a contract governed by the Uniform Commercial Code in Ohio,it would be operating under:

• A)Federal common law.
• B)Federal statutory law.
• C)The Ohio Uniform Commercial Code.
• D)Both the federal Uniform Commercial Code and the Ohio Uniform Commercial Code.
• E)Either the federal Uniform Commercial Code or the Ohio Uniform Commercial Code,at the election of the seller and assuming the seller specifies choice of law in the contract.