Are Contracts for the Sale of Computer Software Governed by the UCC

question 6

Multiple Choice

Are contracts for the sale of computer software governed by the UCC?

• A)Yes, because they are "goods".
• B)No, because they are "services".
• C)Sometimes, because some contracts for software are predominantly for the software itself, but others are predominantly for services that accompany the software, such as ongoing technical support.
• D)No, because the purchase of products is governed exclusively by tort law.

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Definitions:

Socialism

An economic and political system where the means of production, distribution, and exchange are owned or regulated by the community as a whole.

Negative Income Tax

A proposed form of welfare where individuals earning below a certain threshold receive supplemental pay from the government instead of paying taxes.

Top 20%

Refers to the highest earning or most successful 20% of a population or group in a specific context.

Negative Income Tax

A fiscal mechanism where individuals earning below a certain threshold receive supplemental pay from the government instead of paying taxes.