Asked by Jalpa Patel on May 30, 2024

verifed

Verified

Article 2 of the UCC does not deal with the sale of

A) intangible property.
B) real estate.
C) services.
D) All of these choices are correct

Intangible Property

Assets that cannot be physically touched or held, such as intellectual property or financial securities.

UCC

The Uniform Commercial Code, a set of laws that provide legal rules and regulations governing commercial or business transactions and contracts.

Real Estate

Property consisting of land and the buildings on it, along with its natural resources such as crops, minerals, or water.

  • Identify what Article 2 of the Uniform Commercial Code (UCC) regulates and what it excludes.
verifed

Verified Answer

RS
RaminDer SinghMay 31, 2024
Final Answer :
D
Explanation :
Article 2 of the Uniform Commercial Code (UCC) specifically deals with the sale of goods, and does not cover the sale of intangible property, real estate, or services.