Julia leases an apartment in Washington,D.C.for $2,200 per month.She buys a TV and a stereo system for $500.When she needs to visit her aunt in Virginia,Julia leases a car for the day for $65.Which of Julia's transactions is/are governed by Article 2A of the UCC?

Question

Quizplus · Accepted Answer

Article 2A of the UCC governs the leasing of goods. The car lease is a lease of goods, while the apartment lease is a lease of real estate, and the TV and stereo purchase is a sale of goods.

Julia Leases an Apartment in Washington,D