In order for a lease to be covered by Article 2A of the UCC,the lease must be for a period of at least a year.
Correct Answer:
Verified
Q19: All states have adopted all,or a major
Q20: The lessor is the person who acquires
Q21: Article 2 of the UCC only applies
Q22: An agreement modifying a sales or lease
Q23: UCC Article 2A (Leases)applies to real property
Q25: A "firm offer" may be made by
Q26: Matt is a computer dealer.Matt has a
Q27: Revised Articles 2 and 2A now include
Q28: The written confirmation rule is a relaxation
Q29: Both sales and service contracts are covered
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents