Which of the following are considered goods under the Uniform Commercial Code?
A)Minerals taken from real estate and sold by the owner.
B)Soil taken from real estate and sold by the owner.
C)The right,sold by the owner to another party,to remove soil from real estate.
D)Minerals taken from real estate and sold by the owner; soil taken from real estate and sold by the owner; and the right,sold by the owner to another party,to remove soil from real estate.
E)Minerals taken from real estate and sold by the owner and soil taken from real estate and sold by the owner; but not the right,sold by the owner to another party,to remove soil from the real estate.

Question

Quizplus · Accepted Answer

Minerals,clay,and soil can all be treated as goods,with their sales contracts governed by Article 2 of the Uniform Commercial Code if the owner takes these items out of the ground and then sells them to the buyer; however,should the owner sell the buyer the right to come and remove the items,the contract would be governed not by the UCC but by common law for the sale of an interest in realty (more particularly,an interest known as a profit).

Which of the Following Are Considered Goods Under the Uniform