Over the Course of a Year, Retail Marketers, Inc

Question 36
Multiple Choice

Over the course of a year, Retail Marketers, Inc., sells goods from its inventory and one of its warehouses. In exchange, Retail receives checks and other items that substitute for cash, which Retail uses to repay a loan from Savings Bank. Article 2 of the UCC governs A) ​the checks. B) ​the payment of the loan. C) ​the sale of the buildings. D) ​the sale of the goods.