The common law of contracts governs personal property sales and leases when ________.
A) either Article 2 or Article 2A of the UCC is silent on an issue
B) the UCC places the risk of loss on a contracting party
C) disputed contracts can be enforced by the UCC
D) the contracts are not subject to the regulation of the UCC

Question

Quizplus · Accepted Answer

The common law of contracts applies when Article 2 (sales) or Article 2A (leases) of the Uniform Commercial Code (UCC) is silent on an issue, as the UCC governs sales and leases of goods.

The Common Law of Contracts Governs Personal Property Sales and Leases