Which of the following is true regarding what meets the UCC definition of a good?
A)Corporate stocks,real estate,and copyrights meet the definition of a good under the UCC,but trade fixtures do not.
B)Real estate,trade fixtures,and corporate stocks meet the definition of a good under the UCC,but copyrights do not.
C)Trade fixtures meet the definition of a good under the UCC,but real estate,corporate stocks,and copyrights do not.
D)Copyrights meet the definition of a good under the UCC,but real estate,corporate stocks,and trade fixtures do not.
E)Real estate,corporate stocks,copyrights,and trade fixtures all meet the definition of a good under the UCC.

Question

Quizplus · Accepted Answer

A)Corporate stocks and copyrights are not tangible,so they are not goods.Real estate cannot be moved,so it is not a good.Items attached to real estate that are used for business activities are known as trade fixtures and are treated as goods under the UCC.
B)Corporate stocks and copyrights are not tangible,so they are not goods.Real estate cannot be moved,so it is not a good.Items attached to real estate that are used for business activities are known as trade fixtures and are treated as goods under the UCC.
C)Corporate stocks and copyrights are not tangible,so they are not goods.Real estate cannot be moved,so it is not a good.Items attached to real estate that are used for business activities are known as trade fixtures and are treated as goods under the UCC.
D)Corporate stocks and copyrights are not tangible,so they are not goods.Real estate cannot be moved,so it is not a good.Items attached to real estate that are used for business activities are known as trade fixtures and are treated as goods under the UCC.
E)Corporate stocks and copyrights are not tangible,so they are not goods.Real estate cannot be moved,so it is not a good.Items attached to real estate that are used for business activities are known as trade fixtures and are treated as goods under the UCC.

Which of the Following Is True Regarding What Meets the UCC