What must be present under the UCC for title to a good to pass to a buyer at the time of contract creation?
A) The good must actually exist at the time of creation of the contract and it must be identified to the contract.
B) The good must be identified to the contract and there must be signatures by both parties of the contract.
C) The good must be identified to the contract and it must have legal value.
D) The good must actually exist at the time of the contract creation and it must have legal value.

Question

Quizplus · Accepted Answer

Under the Uniform Commercial Code (UCC), for title to a good to pass to a buyer at the time of contract creation, the good must actually exist and be specifically identified to the contract. This ensures that the contract is enforceable and clear about which goods are being transacted.

What Must Be Present Under the UCC for Title to a Good