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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 sales
B
regulate personal property items pledged
C
make real property transactions more
D
regulate commercial leasing.
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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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