Ed sells his car to Fran for $5,000, his bike to Gwen for $600, his game player 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

Question

Quizplus · Accepted Answer

Article 2 of the UCC applies to transactions in goods, which are tangible and movable items. Stocks are considered securities, not goods, so Article 2 does not apply to the sale of stock.

Ed Sells His Car to Fran for $5,000, His Bike