Article 2A Does Not Deal With

question 28

Multiple Choice

Article 2A does not deal with:

• A)leases.
• B)sales of used goods.
• C)warranties in leases.
• D)statute of frauds issues.

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Definitions:

Received

Refers to the act of obtaining or taking possession of something, often used in financial transactions.

Graduation

The process of receiving or conferring an academic degree or the ceremony that is sometimes associated, where students become graduates.

Invest

The act of allocating resources, usually money, in the expectation of generating an income or profit.

Promise

A declaration or assurance that one will do a particular thing or that guarantees that a particular thing will happen.