Under the UCC, a Sales Contract of Is Enforceable If

question 38

Multiple Choice

Under the UCC, a sales contract of is enforceable if it is oral.

• A) no amount
• B) less than $5,000
• C) less than $500
• D) any amount

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Definitions:

Involuntarily Transfer

The forced transfer of an asset or property without the owner's consent, often due to legal actions like bankruptcy or foreclosure.

Copyrightable

Eligible for copyright protection; typically refers to original works of authorship fixed in a tangible medium of expression.

Subleases

Secondary leases whereby the original tenant rents out their rental property to a new tenant, transferring some or all of their tenancy rights to the subtenant.

Liable

Legally responsible or obligated to provide compensation for causing loss or damage through negligent or wrongful acts.