In Divisible Contracts, the Law of Sales Provides That, "Where

question 8

Multiple Choice

In divisible contracts, the law of sales provides that, "where the circumstances give either party to a contract for sale the right to make or demand delivery in lots, the price, if it can be apportioned, may be demanded for each lot." This is stated under which of the following provisions of the Uniform Commercial Code?

• A) UCC 2-305.
• B) UCC 2-306.
• C) UCC 2-307.
• D) UCC 2-308.

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Definitions:

Assessments

Evaluations or appraisals to determine the value, performance, or condition of something, often used in educational, professional, or property contexts.

Lender

An individual, bank, or financial institution that provides funds to another with the expectation of being repaid.

Borrower

An individual or entity that takes funds from another under the agreement that the funds will be repaid, often with interest, over time.

Recording

The act of capturing data, events or performances in a permanent form for later playback or analysis.