Which of the Following Are 'Goods' for the Purposes of the Sale

question 9

Multiple Choice

Which of the following are 'goods' for the purposes of the sale of goods legislation?

• A)Land and things attached to land such as buildings and fixtures.
• B)Intangible items of personal property such as intellectual property rights, shares and debts.
• C)Tangible items of personal property.
• D)Services involving the exercise of skill and expertise on the part of the service provider.

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Definitions:

Semi-Annual

Occurring twice a year; pertaining to a period of six months.

Coupon Bond

A debt security that pays the holder a fixed interest rate, known as the coupon, usually annually or semi-annually, until its maturity date.

Present Value

The present-day value of future money or cash flows, based on a specific rate of return.

Coupon Bonds

Debt securities that pay holders a fixed interest rate (the coupon) on a periodic basis until the bond matures, at which point the principal amount is repaid.