Contracts for the lease of goods are governed by state statutory laws that are modeled after Article 2A of the UCC, which defines what a lease is.
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Q2: Article 2A applies to the lease of
Q3: Many business firms prefer to buy personal
Q4: Leasing is often an attractive alternative because
Q5: True leases always involve two parties.
Q6: A secured transaction occurs when the seller
Q7: The UCC applies its warranty rules for
Q8: A lease must be in writing if
Q9: What may be the best reason(s) to
Q10: Leases of goods under Article 2A of
Q11: What is most important in understanding UCC
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