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    This posting addresses various business law topics.

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    1. The UCC has been adopted, either in whole or in part, by every state in the United States.
    True
    False
    2. What is customary in the computer business would be called usage of trade.
    True
    False
    3. A thief can transfer good title to an innocent purchaser of stolen goods.
    True
    False
    4. In a shipment contract, risk of loss does not pass from the seller to the buyer until the buyer receives the goods.
    True
    False
    5. The most common form of a draft that is drawn on a bank and payable on demand is a:
    Check
    Sight draft
    Time draft
    Note

    © BrainMass Inc. brainmass.com October 10, 2019, 4:31 am ad1c9bdddf
    https://brainmass.com/business/business-law/ucc-business-law-contracts-drafts-465117

    Solution Preview

    Solution to your homework study questions:

    1. The UCC has been adopted, either in whole or in part, by every state in the United States.
    True <--- this is true. It is applicable in every state in the U.S.
    False

    2. What is customary in the computer ...

    Solution Summary

    The solution provides the correct answers and explanations for various business law topics.

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