According to the UCC,which of the Following Is True Regarding

question 37

Multiple Choice

According to the UCC,which of the following is true regarding when a person has notice of a fact?

• A)Under the UCC a person has notice of a fact under the following two circumstances: 1)when the person has actual knowledge of the fact,and 2)when the person receives notice or notification of the fact.
• B)Under the UCC a person has notice of a fact only when the person has signed a verification to the effect that notice was received.
• C)Under the UCC a person has notice of a fact only when the person has actual knowledge of the fact.
• D)Under the UCC a person has notice of a fact only when the person receives written notification either through regular mail or electronic means.
• E)Under the UCC a person has notice of a fact under the following three circumstances: 1)when the person has actual knowledge of the fact,2)when the person receives notice or notification of the fact,and 3)when the person has reason to know the fact exists.

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Definitions:

Sales Presentations

Structured talks or demonstrations given to potential buyers with the objective of promoting a product or service.

Sales Strategy

A plan or approach designed to promote and sell a product or service effectively, maximizing revenue and market share.

Salesperson Career Path

The progression of stages or steps a salesperson can take in their career, from entry-level positions to senior sales roles or management.

Xerox

Originally a company known for its photocopying products, the term Xerox also colloquially refers to the act of photocopying.