Under which of the following circumstances would the Uniform Commercial Code (UCC) apply?
A) When both parties to a sales transaction are residents of the United States.
B) When both parties to a sales transaction engage in interstate commerce.
C) When the parties are residents of different countries and the amount of the sales transaction exceeds $10,000.
D) When the parties are residents of different countries, regardless of the amount of the sales transaction.
E) When the amount of the sales transaction exceeds $10,000.
Correct Answer:
Verified
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