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.
Answer:D
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.