Asked by Jalpa Patel on May 30, 2024
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.
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.
Learning Objectives
- Identify what Article 2 of the Uniform Commercial Code (UCC) regulates and what it excludes.