To Be Characterized as a "Good" Under the UCC, an Item

question 23

True/False

To be characterized as a "good" under the UCC, an item of property must be movable.

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Definitions:

Exporting Industry

An industry that primarily produces goods or services for consumption outside the domestic market.

Imported Good

A product or commodity that is brought into one country from another for sale or use.

Exported Good

A product produced domestically but sold to buyers in another country.

Free International Trade

Trade between countries without restrictions such as tariffs, quotas, or other barriers.