Question: The Uniform Commercial Code ( UCC ) governs contracts for sale of goods. Which of the following would be subject to the UCC.
The Uniform Commercial Code UCC governs contracts for sale of "goods". Which of the following would be subject to the UCC.
Question options:
A contract to purchase a home.
A contract to purchase intellectual property to use in a business.
A contract for employment.
A contract to purchase equipment to use in a business.Under Uniform Commercial Code UCC a "Merchant" has special rules that can impact how a contract will be interpreted Which of the following would NOT be a situation where the business would be deemed an "merchant". Question options: A business enters into an agreement with an expert in antique cars whose services will allow the business to find and purchase antique cars. A business hires a real estate agent to help find a commercial building to purchase. A jewelry business advertises that it has the knowledge and skills to find the right diamond for you enters into an agreement for the sale of a diamond ring. A business that sales equipment enters into an agreement to purchase equipment from another party.
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