The UCC-established rules for the formation of sales and lease contracts often differ considerably from the common law.

Question

Quizplus · Accepted Answer

The UCC (Uniform Commercial Code) is a set of laws that govern commercial transactions, including the sale and leasing of goods. The UCC has established rules for the formation of sales and lease contracts, which often differ from the common law principles that apply to other types of contracts. Therefore, the statement is true.

The UCC-Established Rules for the Formation of Sales and Lease