Which of the following is a true statement?

1.The Uniform Commercial Code governs contracts involving real property and personal property leases.

2.The adoption of the Uniform Commercial Code has completely eliminated the need for the common law in the area of contracts.

3.The Uniform Commercial Code only applies to a contract if the parties explicitly state so in their contract.

4.The Uniform Commercial Code takes precedence over the common law of contracts regarding contracts for the sale of goods.