Lsb 4323 exam 1docx - Study guides, Class notes & Summaries

sale - correct answer the passing of title (evidence of ownership rights) from a seller to a buyer for a price tangible property - correct answer property that has physical existence- that is, it can be touched or seen and is movable intangible property - correct answer property that has only conceptual existence and does not come under Article 2; includes corporate stocks and bonds, patents and copyrights, and ordinary contract rights predominant-factor test - correct answer a test use...