Question: Under the Uniform Commercial Code ( UCC ) , which of the following statements accurately describes a provision regarding sales and leases? Group of answer
Under the Uniform Commercial Code UCC which of the following statements accurately describes a provision regarding sales and leases?
Group of answer choices
A lease under the UCC must always be in writing, regardless of the value of the goods.
In a sale of goods, the UCC requires that the contract must include a set price at the time the contract is formed.
The UCC permits the modification of a sales contract without additional consideration, provided the modification is made in good faith.
The UCC's statute of frauds requires that all sales contracts for goods valued at $ or more must be in writing to be enforceable.
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