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Under Which of the Following Circumstances Would the Uniform Commercial

Question 59

Multiple Choice

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.

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