If All or Part of the Price of Goods Is

question 29

Multiple Choice

If all or part of the price of goods is payable in real property,then:

• A) only the transfer of goods is covered by the law of sales of goods.
• B) both the transfer of goods and the real property is covered by the law of real property.
• C) both the transfer of goods and the real property is covered by the law of sales of goods.
• D) only the transfer of the real property is covered by the law of real property.

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Definitions:

Intentional Destruction

The deliberate act of destroying or causing damage to property or materials.

Magazine Subscriptions

Agreements where individuals pay in advance to receive periodic issues of magazines over a specified time frame.

False Pretenses

The act of deliberately presenting false information with the intent to deceive or mislead.

Ponzi Scheme

A fraudulent investment scam promising high rates of return with little risk to investors, which generates returns for older investors through new investors' capital rather than legitimate profit.