Question 1 Not yet answered Points out of 2.00 P Flag question Strawberry Farms is located in Louisiana near Ponchatoula in Tangipahoa Parish. It is in the business of growing, packing, and shipping strawberries. Mega Foods is a large smoothie chain that buys approximately $545 million in strawberries every year. Which of the following statements are correct? 1. If the contract is 20% crops and 70% labor, the entire contract (100%) is UCC-2. II. If Mega Foods buys all the crops three days before harvest, while the strawberries are still on the plants, the parties have a contract, but not a UCC-2 contract, III. If Mega Foods buys 25% of all existing crops, that is a sufficient quantity to satisfy the UCC. a. O b. O c. O d. e. I only I and III only I, II, and III are correct Il only Ill only

Strawberry Farms is located in Louisiana near Ponchatoula in Tangipahoa Parish. It is in the business of growing, packing, and shipping strawberries. Mega Foods is a large smoothie chain that buys approximately $545 million in strawberries every year. Which of the following statements are correct? I. If the contract is 20% crops and 70% labor, the entire contract (100\%) is UCC-2. II. If Mega Foods buys all the crops three days before harvest, while the strawberries are still on the plants, the parties have a contract, but not a UCC-2 contract. III. If Mega Foods buys 25% of all existing crops, that is a sufficient quantity to satisfy the UCC. a. Ionly b. I and ill only C. I, II, and III are correct d. II only e. III only