13-Contracts: Applicable Laws Results Flashcards
Which of the following subject matters would be governed by the UCC?
Dentures fitted by a dentist
Growing crops
Purchase of a partnership interests
The lease of a rototiller
Growing crops
Crops, whether harvested or growing, are governed by UCC Article 2 Sale of Goods. While the rototiller is a good, it is not being purchased; it is being leased. Thus, the lease would be governed by common law, not Article 2. An Article 2A exists regarding leasing goods, but that is a different set of laws from Article 2 on the sale of goods.
Which of the following subject matters would be governed by the UCC?
Dentures fitted by a dentist
Growing crops
Purchase of a partnership interests
The lease of a rototiller
Growing Crops.
Crops, whether harvested or growing, are governed by UCC Article 2 Sale of Goods. While the rototiller is a good, it is not being purchased; it is being leased. Thus, the lease would be governed by common law, not Article 2. An Article 2A exists regarding leasing goods, but that is a different set of laws from Article 2 on the sale of goods.