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Article 2A of the UCC Directly Addresses Personal Property Leases

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Article 2A of the UCC directly addresses personal property leases.


Definitions:

Minutes

A unit of time equal to one-sixtieth of an hour or sixty seconds, commonly used to measure duration.

Null Hypothesis

A statistical hypothesis that assumes no significant difference or effect in a particular test, used as a starting point for experimentation.

Alternative Hypothesis

A hypothesis that suggests there is a difference between two or more sets of data, contrasting the null hypothesis.

Average

The numerical value obtained by dividing the sum of all values in a set by the number of values in the set.

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