Elle sells a motorcycle to Fran for $5,000, a bike to Gwen for $600, a pool table to Holly for $200, and three shares of stock to Inez for $100. Article 2 of the UCC does not apply to the sale of
A)the motorcycle.
B)the bike.
C)the pool table.
D)the stock.

Question

Quizplus · Accepted Answer

Article 2 of the UCC applies to the sale of goods, and stocks are not considered goods but rather securities or intangible assets. Therefore, the sale of stock to Inez does not fall under Article 2 of the UCC.

Elle Sells a Motorcycle to Fran for $5,000, a Bike