Which of the following largely eliminated the wide variation of legal regulation from the country's payments system?
A)Federal Reserve Act of 1913
B)Uniform Commercial Code of 1958
C) National Banking Act of 1864
D) Expedited Funds Availability Act of 1987

Question

Quizplus · Accepted Answer

The Uniform Commercial Code of 1958 largely eliminated the wide variation of legal regulation from the country's payments system by establishing consistent guidelines for commercial transactions across all US states. The other options either created or modified aspects of the payments system but did not have as significant of an impact on legal regulation standardization.

Which of the Following Largely Eliminated the Wide Variation of Legal