True/False

1. UCC Article 2 applies to gifts, leases, and bailments of personal property.

2. Unless otherwise specified in a contract for the sale of goods, a shipment contract is presumed.

A seller in Milwaukee who is required to deliver bratwurst to a buyer in Atlanta, FOB Milwaukee, has entered into a destination contract.

FOB is both a price and a delivery term.

Timory agrees to sell to Art some copper valves that are in the possession of a warehouseman. If the valves are not to be moved, Timorys delivery obligation is completed when she delivers some form of document of title to Art.

Ziggy sells and delivers a semi-trailer load of steel reinforcing bars to Barb. Unless otherwise agreed, it is Ziggys obligation to furnish some means of lifting the steel bars of the semi-trailer.

The Article 2 rules are not intended to limit the freedom of the parties to form their own sales contract but are, instead, intended to supply those terms that the parties fail to include in a contract.

Article 2 of the UCC applies only to the present transfer of goods and services and not to a contract to sell goods in the future.

Under UCC Article 2, goods cannot be sold unless they are first identified.