The body of law that governs personal property transactions (but does not apply to real estate) and involves use of security agreements, financing statements, and bulk transfers is the
A) American Land Title Association.
B) Uniform Commercial Code.
C) Parol Evidence Rule.
D) Statute of Limitations.
Answer: B) Uniform Commercial Code.
Business
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When the State of California gives a non-riparian owner permission to use a nearby lake, this is called:
a. riparian rights. b. littoral rights. c. appropriation. d. reliction.
Business
The court-appointed guardian is the only person who has the legal authority to enter into contracts on behalf of a person who has been adjudged insane
Indicate whether the statement is true or false
Business