Under Article 2(A)of the Uniform Commercial Code,a person who transfers the right to possession and use of goods under a lease is a(n)________.
A)delegator
B)seller
C)lessee
D)lessor
E)assignor

Question

Quizplus · Accepted Answer

UCC Section 2A-103(j)defines a lease as "a transfer of the right to possession and use of goods for a term in return for consideration." A lessor is "a person who transfers the right to possession and use of goods under a lease."

Under Article 2(A)of the Uniform Commercial Code,a Person Who Transfers