Question

QUESTION 24 The Uniform Commercial Code (UCC) applies to the sale of ___________________. A. goods and...

QUESTION 24

  1. The Uniform Commercial Code (UCC) applies to the sale of ___________________.

    A.

    goods and services

    B.

    goods and services but only in interstate commerce

    C.

    goods only

    D.

    services only

    E.

    goods and services but only in intrastate commerce.

1 points   

QUESTION 25

  1. A court action that allows similarly aggrieved consumers to act as one is referred to as:

    A.

    restitution

    B.

    class action

    C.

    public action

    D.

    all of the above

    E.

    none of the above

Homework Answers

Answer #1

24. Option C.

  • UCC deals with laws governing the transactions involving the sale and lease of goods.
  • It only applies to the sale of goods between any two parties during the transaction and excludes the sale of services.

25. Option B.

  • Class action is a court action that permits similarly aggrieved consumer's to act as one.
  • People having same issues can form a single group under this action and can be lead by a single member who acts as a representative of the whole group.
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