Which of the following nonsales transactions would likely be covered by an extension of Article 2 principles?
A)Bailments involving goods.
B)Leases involving goods.
C)Sales involving real estate.
D)Two of the above, (a) and (b).

Question

Quizplus · Accepted Answer

Bailments and leases both involve the transfer of possession of goods, and Article 2 principles have been extended to cover these transactions because they are similar to sales in many respects.

Which of the Following Nonsales Transactions Would Likely Be Covered