The UCC requires that lease contracts,but not sale contracts,be in writing.

Name: The UCC requires that lease contracts,but not sale contracts,be in writing.
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This statement is false. The UCC does not require lease contracts to be in writing, but it does require written contracts for certain transactions, such as the sale of goods worth $500 or more. However, it is always recommended to have any contract in writing for clarity and proof of agreement.

The UCC Requires That Lease Contracts,but Not Sale Contracts,be in Writing