Business Law question
In most states today, leases of goods are handled by Article 2A of the UCC.
a. true
b. false
https://brainmass.com/business/business-law/business-law-question-10367
Solution Preview
The answer is a) true.
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<br>REASON:
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<br>LESSEE UNDER FINANCE LEASE AS BENEFICIARY OF SUPPLY CONTRACT.
<br>(1) The benefit of a supplier's promises to the lessor under the supply contract and of all warranties, whether express or implied, including those of any third party provided in connection with or as part of the supply contract, extends to the lessee to the extent of the lessee's leasehold interest under a finance lease related to the supply ...
$2.19