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
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