Section 2-201(1)of the Uniform Commercial Code States Which of the Following

question 57

Multiple Choice

Section 2-201(1) of the Uniform Commercial Code states which of the following?

• A)All lease contracts must be in writing.
• B)Lease contracts involving payments of $1, 000 or more must be in writing.
• C)All sales contracts must be in writing.
• D)Sales contracts involving payments of $1, 000 or more must be in writing.

---

Definitions:

Agricultural Communes

Communities organized around the collective farming and sharing of agricultural produce and tasks, emphasizing communal living and economic cooperation.

Fee-For-Service

A payment model where services are unbundled and paid for separately, common in healthcare.

Rural Chinese

Pertaining to the lives, cultures, and communities of people living in the rural areas of China, often characterized by agricultural livelihoods and traditional practices.

National Health Service

A publicly funded healthcare system in certain countries, providing a wide range of health services to residents, mostly free at the point of use.