Question

Fact Pattern 29-1
Excel Vehicles, Inc., makes and sells automobiles to auto dealers, including Fine Auto Sales. Fine sells the cars to consumers and businesses.Refer to Fact Pattern 29-1. Ira, a police officer, buys an Excel from Fine to drive in his off-duty hours. Ira's Excel is
a. a consumer good.
b. an accession.
c. equipment.
d. inventory.

Answer

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