Let $x$, $y$ be 0-forms, thus $dx$, $dy$ are 1-forms. Since 1-forms compose an algebra over 0-forms ring, expressions like
$y dx$
make perfect sense. Now I ask what is
$d(y dx)$
I suggest it to be $y d(dx) = 0$, since $d$ is linear, however I feel it is likely to be wrong. Is there any other meaningful product except $\land$ between forms that would generalize the situation above?