Veronica and Helen are discussing the definition of "goods" and have come up with the following list. Which of the following have they incorrectly classified as a good?
A) Consumer goods.
B) Farm products.
C) Documents of title.
D) Inventory.
E) Equipment.

Question

Quizplus · Accepted Answer

Documents of title are not considered goods in the traditional sense; they represent ownership or rights to goods but are not tangible goods themselves. Goods are typically physical, tangible items.

Veronica and Helen Are Discussing the Definition of "Goods" and Have