Multiple Choice
Mary owns a small real estate company that arranges apartment leases for college students.She leases an apartment for nine months to Sara,a new undergraduate in the area.On her son's eighteenth birthday,Mary gives him a gift of a car.On her daughter's sixteenth birthday,Mary gives her a gift of $500.Mary sells her home gym to her neighbor for $1,000.Which of Mary's transactions would be covered by Article 2 of the UCC?
A) The nine month lease of the apartment
B) The gift of the car
C) The gift of the $500
D) The sale of the home gym
Correct Answer:
Verified
Correct Answer:
Verified
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