Jo owns a condominium that she leases to Katrina. Jo gives her daughter Lucia $450 on her sixteenth birthday. Jo sells her car to her neighbor Maria for $1,500. Article 2 of the UCC covers
A) the lease with Katrina.
B) the gift to Lucia.
C) the sale to Maria.
D) all of the choices.

Question

Quizplus · Accepted Answer

Article 2 of the UCC covers the sale of goods, which includes the sale of a car to Maria. The lease with Katrina is a contract for services and the gift to Lucia is not a commercial transaction.

Jo Owns a Condominium That She Leases to Katrina