Lee pays Mobile Electronics $600 for a new phone. Under the UCC, this is
A) a merchant's firm offer.
B) a lease.
C) a sale.
D) a contract for services.

Name: Lee pays Mobile Electronics $600 for a new phone. Under the UCC, this is A) a merchant's firm offer. B) a lease. C) a sale. D) a contract for services.
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Question

Quizplus · Accepted Answer

Under the UCC, a sale involves the transfer of ownership of goods from a seller to a buyer for a price. In this case, Lee is paying $600 for a new phone, which constitutes a sale of goods.

Lee Pays Mobile Electronics $600 for a New Phone