Which Statement Is True Regarding the Sources of Laws That

question 58

Multiple Choice

Which statement is true regarding the sources of laws that interpret sales contracts?

• A)Two sources of laws that interpret sales contracts exist: state common law and the Uniform Commercial Code.
• B)Two sources of laws that interpret sales contracts exist: the Uniform Commercial Code and state statutory law.
• C)Two sources of laws that interpret sales contracts exist: state common law and state statutory law.
• D)Three sources of laws that interpret sales contracts exist: state common law,the Uniform Commercial Code,and state statutory law.
• E)The Uniform Commercial code is the only source of law interpreting sales contracts.

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