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Back to digital assets law
Question 1 of 20
Under the Uniform Commercial Code (UCC) Article 12, as adopted in many U.S. jurisdictions by 2026, what is the primary term used to describe a digital asset that can be 'controlled' within the meaning of the code?
A.
Virtual Currency
B.
Controllable Electronic Record (CER)
C.
Distributed Ledger Entry
D.
Electronic Chattel Paper
Check Answer