Author Question: Congress adopted the UCC in the early 1950's to facilitate trade and reduce the confusion caused by ... (Read 85 times)

big1devin

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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

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Answer to Question 1

FALSE

Answer to Question 2

c



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