Asked by
hamilton trimble
on Nov 27, 2024
Verified
Ferris is refinishing his kitchen floor and needs a floor sander to complete the job. Ferris's neighbor Gina suggests that he call Home Repair Rentals, Inc. Home Repair leases Ferris a floor sander. In this transaction, the lessor is
A) Ferris.
B) Gina.
C) Home Repair.
D) none of the choices.
Floor Sander
A power tool used for smoothing, preparing, or finishing floors by removing the top layer.
Home Repair
The process of fixing, upgrading, or maintaining various elements or systems within a residence.
Lessor
A property owner who allows others to use his or her property in exchange for payment.
- Gain an understanding of how the Uniform Commercial Code applies to the leasing of goods and systematically categorize such transactions.
Verified Answer
AF
Learning Objectives
- Gain an understanding of how the Uniform Commercial Code applies to the leasing of goods and systematically categorize such transactions.