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

Question

Quizplus · Accepted Answer

The Uniform Commercial Code (UCC) defines goods as tangible, movable objects. Trade fixtures, which are items attached to a property that are used in a business, can be considered goods because they can be removed and are involved in trade. In contrast, real estate, corporate stocks, and copyrights are not considered goods under the UCC because they are either intangible or immovable.

Which of the Following Is True Regarding What Meets the UCC