BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -UCC Exclusions to the Sale of Goods The UCC only includes the sales from merchants with specialized knowledge. Any sales between two private parties would not be included in the UCC requirements. The UCC also only applies to the sale of goods.

Detailed explanation-2: -Article 9 of the UCC governs security interests in “general intangibles, ” namely patents, trademarks, copyrights, and other intellectual properties.

Detailed explanation-3: -UCC filings cover anything else, including patents (as against subsequent lienholders), unregistered copyrights, all trademarks, and trade secrets. Domain names should be listed on the UCC filing, but they are likely deemed contract rights, not general intangibles.

Detailed explanation-4: -(1) “Goods” means all things (including specially manufactured goods) which are movable at the time of identification to the contract for sale other than the money in which the price is to be paid, investment securities (Article 8) and things in action.