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.

---

Definitions:

Straight-Line Depreciation

A method of allocating an asset's cost evenly over its useful life.

Initial Investments

The initial amount of money invested in a project, asset, or company to start operations or purchase assets.

Income Taxes

Taxes imposed by the government on the income generated by individuals and businesses.

Capital Budgeting

The process of planning and managing a company's investments in major projects or assets with long-term implications.