Question: The distinction between contracts that are covered by Article 2 of the UCC and those that are not is: Group of answer choices Of relatively

The distinction between contracts that are covered by Article 2 of the UCC and those that are not is:

Group of answer choices

Of relatively little or no importance because the common law and UCC are invariably the same

Basically dependent upon whether the subject matter of the contract involves the purchase or sale of goods.

Dependent upon whether the Statute of Frauds is involved

Based upon the dollar amount of the contract

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