Which of the following is correct with respect to Article 2A of the UCC?
A) It is an analogue of Article 2 that adopts many of the same rules.
B) No states have as yet adopted 2A.
C) Article 2A specifically includes security interests in its scope.
D) All of these.

Question

Quizplus · Accepted Answer

Article 2A is an analogue of Article 2 that adopts many of the same rules. The other options are incorrect as many states have adopted Article 2A and it specifically deals with transactions involving leased goods and not security interests.

Which of the Following Is Correct with Respect to Article