Property Ownership Land Use ControlsGeneralEASY
The main purpose of the Uniform Com- mercial Code is to
Correct Answer
A) prevent fraud in the proof of oral sales
The UCC standardizes commercial transactions, including security interests in personal property.
Answer Options
A
prevent fraud in the proof of oral salesB
regulate personal property items pledgedC
make real property transactions moreD
regulate commercial leasing.Audio Lesson3 min
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Related Topics & Key Terms
Related Topics:
property-types-personal-vs-realsecurity-interestscommercial-leases
Key Terms:
Uniform Commercial CodeUCCStatute of Fraudspersonal propertycommercial transactions
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