Which of the following do not meet the Uniform Commercial Code definition of a good?
A)Real estate
B)Corporate stocks
C)Copyrights
D)Real estate,corporate stocks,and copyrights do not meet the definition of a good
E)Real estate and corporate stocks do not meet the definition of a good,but copyrights do meet the definition of a good as a type of intellectual property.

Question

Quizplus · Accepted Answer

Section 2-105 of the Uniform Commercial Code defines goods as "all [tangible] things ...which are movable at the time of identification to the contract for sale." Items are tangible if they exist physically.Corporate stocks and copyrights are not tangible,so they are not goods,and real estate cannot be moved,so it is not a good.

Which of the Following Do Not Meet the Uniform Commercial