1.Article 2 of the UCC applies to a contract for the sale of __________.

a.securities (i.e., stocks and bonds)

b.appliances

c.information

d.commercial or residential property

2.Which of the following is true regarding a life estate?

a.It gives a person the right to use property for an indefinite period.

b.It gives a person the right to use property only for his own lifetime or for a time that is measured by the lifetime of somebody else.

c.It gives a person the right to have someone who owns an adjoining piece of property refrain from making certain uses of his or her land.

d.It does not hold a person owning a life estate liable if he commits acts that will result in permanent injury to the property.