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Which contracts would be governed by Article 2 of the Uniform Commercial Code?

1) Contracts for the sale of fabric
2) Contracts for the sale of automobiles
3) Contracts for the sale of computers
4) Contracts for the sale of furniture
5) Contracts for the sale of paper clips

1 Answer

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Final answer:

Contracts governed by Article 2 of the Uniform Commercial Code include those for the sale of fabric, automobiles, computers, furniture, and paper clips, all of which are considered movable goods at the time of sale.

Step-by-step explanation:

Contracts that would be governed by Article 2 of the Uniform Commercial Code (UCC) are those related to transactions in goods. The UCC defines goods as all things that are movable at the time of identification to the contract for sale. This includes items that are physically movable and identifiable as the object of the transaction. With this definition, the following contracts would fall under the scope of UCC Article 2:

  • Contracts for the sale of fabric
  • Contracts for the sale of automobiles
  • Contracts for the sale of computers
  • Contracts for the sale of furniture
  • Contracts for the sale of paper clips

It is important to note that the UCC's Article 2 applies to contracts for the sale of goods regardless of whether those goods are for personal use, resale, or a component in a larger manufactured product. Therefore, every item listed from fabric to paper clips would be governed by Article 2 of the UCC as they all classify as goods that are movable at the time of sale.

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