By Definition, a Sale Under Article 2 of the UCC

question 220

Multiple Choice

By definition, a sale under Article 2 of the UCC requires that:

• A) both parties involved be merchants
• B) contracts be for goods or services; that the sale be between merchants; and that the sale take place in the normal course of commerce
• C) the product or service (good) be classified as a bailment
• D) the seller retains liability unless a warranty accompanies the goods
• E) none of the other choices

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Definitions:

Freedom of Information Act (FOIA)

A United States federal law that grants public access to documents or other data in the possession of government agencies, subject to various exemptions.

DMV

Department of Motor Vehicles, a state-level government agency that administers vehicle registration and driver licensing.

Tractor-Trailer

A transportation vehicle consisting of a semi-tractor (the front part) and one or more trailers to carry freight.

Fourth Branch of Government

A term sometimes used to describe bodies or groups that have significant influence over public policy outside the traditional three branches of government.