Hamms and Bacon Bookstore sells a book on its shelf to a school. The agreement states, "Hamms and Bacon Bookstore agrees to sell ISBN# 123-3456-7890 for $10.00." The agreement does not specifically mention that it is for the sale of books. Which statement below is correct according to the UCC?
A) A good does not exist for this agreement as the substance of the agreement is not identified in the agreement such that the reasonable person could understand.
B) A good does not exist for this agreement because it does not state a quantity.
C) A good does exist because there is an exchange of items of legal value.
D) A good does exist because it actually existed at the time of creation of the agreement and the ISBN identified the item in the contract.

Question

Quizplus · Accepted Answer

The Uniform Commercial Code (UCC) would recognize the item with an ISBN as a good because it is a tangible item that can be identified at the time of the contract, making the specific identification of the item (through its ISBN) sufficient to establish it as a good under the UCC.

Hamms and Bacon Bookstore Sells a Book on Its Shelf