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Contemporary Business
Quiz 16: Formation of Sales,Lease,and E-Contracts
Both Sales and Service Contracts Are Covered by the Article
Question 29
True False
Both sales and service contracts are covered by the Article 2 of the UCC.
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Q 30
Generally,the UCC does not apply to transactions when both parties are non-merchants.
Q 31
Under the UCC a person is a merchant,if by their occupation they hold themselves out to as having knowledge or skill about the goods in the transaction.
Q 32
Matt is a computer dealer.Matt has a garage sale.At the garage sale,Matt sells an old computer.Matt is considered a merchant when he sells the computer at his garage sale?
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