Art Gallery is in the business of buying and selling expensive paintings, sculptures and limited edition prints. The markup on such goods is high, but it often takes months before any item sells. Recently, to supplement income and increase traffic, Art Gallery decided to allow some people to exhibit their own art for sale in the gallery. Under the terms of each arrangment, the owner sets the price for the art and the gallery keeps 20 percent of the sale proceeds. Which of the following transaction is covered by Article 9?a. Bob who sells limited prints delivered three newly completed prints to the gallery, each of which is to be sold for $250.b. Rachel, a law school student, delivered her gently worn clothes and shoes to a consignment boutique to get some extra spending money.c. Ms. Will delivered an oil painting that she recently inherited from her uncle to the gallery for sale for $15,000. Her uncle had displayed the oil painting in his living room.d. Monet, a professional painter, delivered a recently completed watercolor to Art Gallery for sale for $10,000.

Then try StudyFetch, the AI-powered platform that can answer your questions and teach you more about it!