Section 2-201(1)of the Uniform Commercial Code Is the Basic Statute

question 66

Multiple Choice

Section 2-201(1) of the Uniform Commercial Code is the basic Statute of Frauds provision for ________.

• A)sales contracts
• B)lease contracts
• C)all contracts involving interests in real property
• D)mortgage contracts

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Definitions:

Hard Disk Drive

An apparatus for data storage that employs magnetic storage techniques to save and access digital data through the use of one or several quickly spinning disks covered in magnetic material.

Permanent Storage

A method or solution for keeping data or records indefinitely, ensuring information is preserved over long periods without loss or degradation.

Storing Data

Refers to the process or method used to keep information, typically in digital format, for future use or retrieval.

Hardware Functions

The operational tasks that a computer's physical components (hardware) are designed to perform.