In the context of the Uniform Commercial Code $($UCC$),$ which of the following statements is true of a contract to sell?

In the context of the Uniform Commercial Code $($UCC$),$ which of the following statements is true of a contract to sell?

It exists when a salesperson quotes specific terms.

It passes the risk of loss or damage from the buyer to the seller.

It is synonymous with a sale.

It exists anytime a salesperson makes an offer and receives an unqualified acceptance from the customer.

It is said not to exist until the title passes from the seller to the buyer.