Article 2(A) of the Uniform Commercial code requires that all lease contracts requiring payments of $500 or more must be in writing.

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Article 2 of the Uniform Commercial Code (UCC) deals with the sale of goods and requires that contracts for the sale of goods priced at $500 or more be in writing to be enforceable. However, it is Article 2A that deals specifically with leases of personal property, and the threshold for requiring a written lease can vary.

Article 2(A) of the Uniform Commercial Code Requires That All