Article 2 of the Uniform Commercial Code applies to which of the following transactions? A) Tito's sale of legal services to Janet B) Tito's sale of his 1958 Edsel automobile to Janet C) Tito's sale of his home, Neverland Ranch, to Janet D) Tito's renting of his home. Neverland Ranch, to Janet When a holder presents an instrument within a timely and proper manner, but acceptance or payment is refused, the instrument has been _______. A) Denied B) Rejected C) Dishonored D) None of the above Which of the following are accurate statements concerning the termination of an agency relationship? A) Upon termination of an agency relationship, the principal remains responsible for indemnifying the agent for the agent's costs incurred during the pendency of the relationship. B) Upon termination of an agency relationship, an agent is no longer liable for the actions taken by the agent during the term of the agency relationship. C) Upon termination of an agency relationship, the agent remains responsible for maintaining the confidentiality of information obtained from the principal during the of the agency relationship. D) If either the principal or agent is unable to perform the party's required duties under the agency agreement, the agreement terminates. When a person signs a negotiable instrument, he or she is potentially liable for the instrument. This type of liability is called _______liability. A) Contract B) Executory C) Signature D) Testamentary