Curtis Enters into a Contract with Drive-Away Lease Company for a Three-Year

question 29

Multiple Choice

Curtis enters into a contract with Drive-Away Lease Company for a three-year lease of a car.This contract is subject to

• A)Article 2 of UCC.
• B)Article 2A of the UCC.
• C)Article 11 of the CISG.
• D)the common law only.

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Definitions:

Decimal Point

The period between two numerals.

Multiplication

A basic mathematical operation symbolized by the sign "×", representing the repeated addition of a number by itself a specified number of times.

Monetary Products

Financial instruments or assets that can be used for transactions, savings, or investments, including currency, stocks, bonds, and savings accounts.

Round Off

The process of adjusting numbers to the nearest value, often used to simplify calculations by eliminating digits after a certain decimal point.