18. Which of the following is true of the articles of the UCC that deal with the law of

commercial paper?

A. The law of commercial paper is covered in Article 3 and Article 4 of the Uniform

Commercial Code.

B. Revised Article 3 of the UCC developed in 1990 has now been adopted by almost all the

states.

C. The law of commercial paper is covered only in Article 3 of the UCC that deals with

negotiable instruments.

D. Negotiable documents, such as investment securities and documents of title, are also

treated in Article 3 of the UCC.