This posting addresses various business law topics.
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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
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Solution Summary
The solution provides the correct answers and explanations for various business law topics.
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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 ...
Purchase this Solution
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