Which of the following is true for goods under the purview of Article 2 of the UCC?
A)Goods can be replaced by money.
B)Intangible goods must be exchanged with other intangible goods.
C)Goods in the contract must be movable.
D)Immovable goods like real estate must have provisions of service attached to their contracts.

Question

Quizplus · Accepted Answer

According to Article 2 of the UCC, goods covered under the code must be movable. This means that they must be tangible, physical items that can be transported. Therefore, option A is incorrect because goods cannot be replaced by money alone. Option B is also incorrect because intangible goods are not covered by Article 2. Option D is incorrect because immovable goods like real estate are not covered by Article 2.

Which of the Following Is True for Goods Under the Purview