Q20 - Which of the following in not true about the Uniform Commercial Code?

Select one:

a. It is used worldwide to protect both lenders and consumers rights

b. it protects lenders rights in collateral used to secure loans

c. it gives lenders the right to seize property a borrower has put up if they default on the loan

d. it protects consumers when their loan contracts are bought by other institutions

e. none of the above