Excel Autos & Trucks, Inc., contracts to sell five trucks to First Leasing Corporation, which contracts to lease the trucks to General Delivery Company. Article 2A of the UCC applies to
A. neither the lease nor the sale.
B. the lease and the sale.
C. the lease only.
D. the sale only.
Answer:C
Excel Autos & Trucks, Inc., contracts to sell five trucks to First Leasing Corporation, which contracts to lease the trucks to General Delivery Company. Article 2A of the UCC applies to
A. neither the lease nor the sale. B. the lease and the sale. C. the lease only. D. the sale only.