A contract for the purchase of processors for laptops in the amount of $2,000 is.

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28-10-2022
Business

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A contract for the purchase of processors for laptops in the amount of $2,000 is.

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shardiksh890 shardiksh890 · Answer 1 · 2022-11-02T12:17:32+01:00

The UCC governs this contract for the purchase of processors for laptops in the amount of $2,000 and it must be in writing. The UCC governs contracts for the sale of goods, and UCC contract terms of $500 or over must be in written form to be enforceable.

The UCC governs what types of contracts?

The Uniform Commercial Code (UCC) includes laws that apply to many different types of commercial contracts, such as those involving the purchase of goods, renting of goods, the use of secured transactions, financial transactions, letters of credit, and and title documents for products, financial assets.

The UCC governs contracts for the sale of goods, and UCC contract terms of $500 or over must be in written form to be enforceable.

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