Asked by Reshelle Ytuarte on May 19, 2024
Verified
A contract to sell five acres of land is governed by Article 2 of the UCC.
Uniform Commercial Code
A comprehensive set of laws governing commercial transactions in the United States, intended to standardize legislation across states.
Article 2
A part of the Uniform Commercial Code (UCC) dealing specifically with the sale of goods in the United States.
- Acquire insight into the implementation of the Uniform Commercial Code (UCC) in goods sales and recognize its distinction from services, real property, and copyright matters.
Verified Answer
GH
grace heltonMay 26, 2024
Final Answer :
False
Explanation :
Article 2 of the UCC governs the sale of goods. The sale of land is governed by real estate and property laws, not Article 2 of the UCC.
Learning Objectives
- Acquire insight into the implementation of the Uniform Commercial Code (UCC) in goods sales and recognize its distinction from services, real property, and copyright matters.
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