Which of the following is true for goods under the purview of Article 2 of the Uniform Commercial Code?
A) Goods can be replaced by money.
B) Intangible goods must be exchanged for other intangible goods.
C) Goods in the contract must be movable.
D) Immovable goods like real estate must have provisions of service attached to their contracts.
C
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An argument in support of the falling barriers to international trade and investment is that the falling barriers:
A. prohibit countries from specializing in the production of goods and services. B. drive the global economy toward greater prosperity. C. reduce the need to export jobs overseas. D. increase the bargaining power of business firms by decreasing the incomes of consumers. E. reduce attacks from foreign competitors.
The hedging principle is used to address the issue of how much short-term financing a firm should
use. Indicate whether the statement is true or false