Which of the Following Statements Is True About the Uniform

question 48

Multiple Choice

Which of the following statements is true about the Uniform Commercial Information Transactions Act (UCITA) ?

• A)UCITA was adopted by the UCC.
• B)All states have adopted UCITA.
• C)In 2001,Virginia became the first state to enact UCITA,probably because major Internet-related companies are headquartered in Northern Virginia.
• D)UCITA applies to physical goods,like the UCC.
• E)Unlike the UCC,states can decide whether or not to adopt UCITA.