Article 6 of the Code does not:
A) apply to sales of goods in the ordinary course of business.
B) define "bulk transfer" as any transfer in bulk and not in the ordinary course of business.
C) apply to merchants whose principal business is the sale of merchandise from stock.
D) include the transfer of a substantial part of equipment as a bulk transfer under any circumstances.
E) All of the answers are correct.

Question

Quizplus · Accepted Answer

Article 6 of the Code explicitly states that it does not apply to sales of goods in the ordinary course of business, making option A the correct choice. Option B is incorrect because the Code defines "bulk transfer" as any transfer not in the ordinary course of business, not limited to bulk transfers only. Option C is also incorrect as Article 6 applies to all merchants, regardless of their principal business. Option D is incorrect because the transfer of a substantial part of equipment can be considered a bulk transfer under certain circumstances outlined in the Code. Therefore, the best choice is A.

Article 6 of the Code Does Not