Multiple Choice
Section 2A-201(1) of the Uniform Commercial Code (UCC) states which of the following?
A) All lease contracts must be in writing.
B) Lease contracts involving payments of $1,000 or more must be in writing.
C) All sales contracts must be in writing.
D) Sales contracts involving payments of $500 or more must be in writing.
Correct Answer:
Verified
Correct Answer:
Verified
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