Aaron offers to sell Babe a collection of movie memorabilia. For the transaction to be a sale under the UCC, title to the collection must be passed from the seller to the buyer for
A)cash.
B)services.
C)a price.
D)goods.

Question

Quizplus · Accepted Answer

For a transaction to be considered a sale under the Uniform Commercial Code (UCC), title to the goods must be passed from the seller to the buyer for a price. This price can be in the form of money, other goods, or services, but it must be a quantifiable value.

Aaron Offers to Sell Babe a Collection of Movie Memorabilia