Author Question: Article 9 of the UCC only applies to goods and does not include intangibles such as stocks, bonds or ... (Read 48 times)

Redwolflake15

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Article 9 of the UCC only applies to goods and does not include intangibles such as stocks, bonds or bills of lading.
  Indicate whether the statement is true or false

Question 2

Both the U.S. and France have ratified the Convention on Contracts for the International Sale of Goods (CISG). A buyer in France and a seller in the U.S. enter into a contract for the sale of widgets. If a dispute arises:
 A) the CISG will apply since all the requirements have been met.
 B) the CISG will not apply since the requirement of legal selection has not been met.
 C) the Uniform Commercial Code (UCC) will apply since the seller is a U.S. company.
 D) neither the UCC nor CISG will apply.



Pswine

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Answer to Question 1

FALSE

Answer to Question 2

A



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