Question 1

A product liability case may be brought in warranty,negligence,or strict liability,but it must have the element that a person or business has been hurt by goods.

Accepted Answer

A) True 
 B)False

Question 2

Generally,a contract may include language that limits or alters the damages recoverable for a breach of warranty,as long as the restrictions are not unconscionable.

Accepted Answer

A) True 
 B)False

Question 3

The UCC is federal legislation enacted by Congress.

Accepted Answer

A) True 
 B)False

Question 4

In a mixed contract involving goods and services,Article 2 of the UCC will govern if the predominant purpose is the sale of goods.

Accepted Answer

A) True 
 B)False

Question 5

UCC Section 2-204 provides three important rules that enable parties to make a contract quickly and informally.These include all but which of the following?

Accepted Answer

A)  The parties may make a contract in any manner sufficient to show that they reached an agreement. 
B)  A writing sufficient under the statute of frauds may be a simple memo,a letter,or informal note,but need not itself be a contract. 
C)  The UCC will enforce a deal even though it is difficult to say exactly when it was formed. 
D)  A court may enforce a bargain even though one or more terms were left open. 
A)  The parties may make a contract in any manner sufficient to show that they reached an agreement. 
B)  A writing sufficient under the statute of frauds may be a simple memo,a letter,or informal note,but need not itself be a contract. 
C)  The UCC will enforce a deal even though it is difficult to say exactly when it was formed. 
D)  A court may enforce a bargain even though one or more terms were left open.

Question 6

The UCC imposes a duty of good faith in the performance of all contracts.

Accepted Answer

A) True 
 B)False

A product liability case may be brought in warranty,negligence,or strict liability,but it must have the element that a person or business has been hurt by goods.

Generally,a contract may include language that limits or alters the damages recoverable for a breach of warranty,as long as the restrictions are not unconscionable.

The UCC is federal legislation enacted by Congress.

In a mixed contract involving goods and services,Article 2 of the UCC will govern if the predominant purpose is the sale of goods.

UCC Section 2-204 provides three important rules that enable parties to make a contract quickly and informally.These include all but which of the following?

The UCC imposes a duty of good faith in the performance of all contracts.

Introduction to Law

Business Ethics and Social Responsibility

Courts,Litigation and Alterntive Dispute Resolution

Constitutional, Statutory, Administrative, and Common Law

Intentional Torts and Business Torts

Negligence and Strict Liability

Crime

International Law

Introduction to Contracts

Contract Impediments

Conclusion to Contracts

Practical Contracts

Negotiable Instruments

Secured Transactions

Bankruptcy

Agency Law

Employment Law

Employment Discrimination

Labor Law

Starting a Business: Llcs and Other Option

Life and Death of a Corporation

Government Regulation: Securities and Antitrust

Accountants' Liability

Consumer Law

Environmental Law

Cyberlaw

Intellectual Property

Real Property and Tenant: Landlord Law

Personal Property and Bailment

Estate Planning

Insurance

Filters

Exam 13: Introduction to Sales

A product liability case may be brought in warranty,negligence,or strict liability,but it must have the element that a person or business has been hurt by goods.

Generally,a contract may include language that limits or alters the damages recoverable for a breach of warranty,as long as the restrictions are not unconscionable.

The UCC is federal legislation enacted by Congress.

In a mixed contract involving goods and services,Article 2 of the UCC will govern if the predominant purpose is the sale of goods.

UCC Section 2-204 provides three important rules that enable parties to make a contract quickly and informally.These include all but which of the following?

The UCC imposes a duty of good faith in the performance of all contracts.

Introduction to Law

Business Ethics and Social Responsibility

Courts,Litigation and Alterntive Dispute Resolution

Constitutional, Statutory, Administrative, and Common Law

Intentional Torts and Business Torts

Negligence and Strict Liability

Crime

International Law

Introduction to Contracts

Contract Impediments

Conclusion to Contracts

Practical Contracts

Negotiable Instruments

Secured Transactions

Bankruptcy

Agency Law

Employment Law

Employment Discrimination

Labor Law

Starting a Business: Llcs and Other Option

Life and Death of a Corporation

Government Regulation: Securities and Antitrust

Accountants' Liability

Consumer Law

Environmental Law

Cyberlaw

Intellectual Property

Real Property and Tenant: Landlord Law

Personal Property and Bailment

Estate Planning

Insurance

Filters