Beth Recently Purchased a Stereo System for Her Apartment and a New

question 68

Multiple Choice

Beth recently purchased a stereo system for her apartment and a new sailboat.She financed the purchases with XYX Finance Co.Under the Code, these items are classified as:

• A)consumer goods.
• B)equipment.
• C)inventory.
• D)real property.

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Definitions:

Public Emergency Services

Essential services such as police, fire brigade, and medical teams that respond to emergency situations to protect public safety.

Liable for Infringement

The state of being legally responsible for violating a right or law, typically referring to intellectual property rights.

Newspaper

A regularly published print or digital publication containing news, information, and advertisements relevant to a broad audience.

Photograph

An image created by capturing light on a light-sensitive surface, either digitally or on film.