Business Law 21.0 Flashcards

Chapter 21

1
Q

UCC stands for

A

uniform commercial code

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1
Q

what is the UCC

A

a set of standardized rules about trade or commerce

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2
Q

sales

A

the transfer of title or ownership to goods for a price

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3
Q

lease

A

the temporary transfer of possession of goods for a period of time for a price

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