The main difference between a lease and a sale is that a sale transfers __________ to the goods from the seller to the buyer, while a lease does not transfer title.
A) Temporary custody
B) Ownership
C) Limited rights
D) Possession
Correct Answer:
Verified
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
Q12: What may a business lease be used
Q13: _ is often an attractive alternative because
Q15: Equipment that a business may lease include:
A)
Q16: Title to the goods does not pass,
Q17: What case applied the economic realities test
Q18: What does a lease not transfer?
A) Title
B)
Q19: Lessee in ordinary course of business means
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