Grund, a professional night club musician, financed the purchase of a drum set to be used in his night club act. Under Article 9, the drum set will be classified as a consumer good.

Question

Quizplus · Accepted Answer

The drum set is being purchased for use in a commercial context (Grund's night club act), so it would not be classified as a consumer good under Article 9. It would likely be classified as equipment or inventory.

Grund, a Professional Night Club Musician, Financed the Purchase of a Drum