Alex has title to a car and, according to the UCC, it gives her the power to only sell or gift the car.

Name: Alex has title to a car and, according to the UCC, it gives her the power to only sell or gift the car.
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Question

Quizplus · Accepted Answer

According to the UCC (Uniform Commercial Code), having title to a car generally gives the owner the power to transfer rights in the car, which includes selling, gifting, but also encompasses other transactions such as leasing or using the car as collateral for a loan.

Alex Has Title to a Car And, According to the UCC