Under Article 2(a)of the UCC which of the following is defined as a transfer of the right to possession and use of goods for a term in return for consideration?
A) A sale of goods
B) A lease
C) A transfer
D) A rental
E) A consignment

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."

Under Article 2(a)of the UCC Which of the Following Is