Author Question: Congress adopted the UCC in the early 1950's to facilitate trade and reduce the confusion caused by ... (Read 86 times)

big1devin

  • Hero Member
  • *****
  • Posts: 583
Congress adopted the UCC in the early 1950's to facilitate trade and reduce the confusion caused by different common law rules in different states.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Express contracts occur when:
 a. the contract is created by more than two parties b. the contract is created quickly
  c. there is a written or oral expression of intent by the parties to enter into a legally binding agreement d. there is a written or oral expression of intent by the parties to enter into a nonbinding agreement
  e. none of the other choices are correct



heyhey123

  • Sr. Member
  • ****
  • Posts: 353
Answer to Question 1

FALSE

Answer to Question 2

c



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The effects of organophosphate poisoning are referred to by using the abbreviations “SLUD” or “SLUDGE,” It stands for: salivation, lacrimation, urination, defecation, GI upset, and emesis.

Did you know?

In most climates, 8 to 10 glasses of water per day is recommended for adults. The best indicator for adequate fluid intake is frequent, clear urination.

Did you know?

Approximately one in three babies in the United States is now delivered by cesarean section. The number of cesarean sections in the United States has risen 46% since 1996.

Did you know?

Looking at the sun may not only cause headache and distort your vision temporarily, but it can also cause permanent eye damage. Any exposure to sunlight adds to the cumulative effects of ultraviolet (UV) radiation on your eyes. UV exposure has been linked to eye disorders such as macular degeneration, solar retinitis, and corneal dystrophies.

Did you know?

The average older adult in the United States takes five prescription drugs per day. Half of these drugs contain a sedative. Alcohol should therefore be avoided by most senior citizens because of the dangerous interactions between alcohol and sedatives.

For a complete list of videos, visit our video library