Which article of the UCC governs leases?

• A. Article 9.
• B. Article 2.
• C. Article 4.
• D. Article 2A.

Answer: (D)

Leases of goods are handled under a separate part of the UCC that focuses on the rights and duties of lessors and lessees, and the terms and performance of lease contracts. This framework defines what counts as a lease, how a lease is formed, and the remedies available if a party breaches, including issues like risk of loss, warranties, and how performance is measured over the lease term.

That framework is Article 2A. It sits beside the sales article that covers transactions for the sale of goods but specifically addresses leases, including both operating and financing-style leases, and the unique obligations of each party in a leasing arrangement.

By contrast, the other articles cover different topics: Article 9 deals with secured transactions and security interests, Article 2 covers contracts for the sale of goods, and Article 4 covers bank deposits and collections. Those areas don’t govern typical leases, which is why Article 2A is the correct reference here.