Asked by
usmanb shahid
on Nov 30, 2024
Verified
The definition of "goods" in the UCC may include timber, minerals, growing crops, or a building.
Goods
Tangible or physical items that can be bought, sold, or produced.
Timber
Wood that has been processed into beams and planks, a stage in the process of wood production.
Minerals
Natural inorganic substances occurring in the earth that have a definite chemical composition and physical properties.
- Comprehend the definition and classification of "goods" under the UCC and how it impacts the applicability of the UCC.
Verified Answer
ZH
Learning Objectives
- Comprehend the definition and classification of "goods" under the UCC and how it impacts the applicability of the UCC.