Exam 21: Introduction to Sales

ABC Siding,Inc.manufactures aluminum siding.ABC enters into a contract to deliver siding to Slippery Siding,Ltd.,a retailer of aluminum siding.The written agreement insists that all modifications to the agreement be in writing and signed by both parties.This prohibition against oral modifications is

Which of the following types of property would be classified as "goods" under Article 2 of the UCC?

Trey,a full-time college student,sold his car to Don,another student.In the performance of this contract,Trey

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

Pizazz,Inc.sold a condo on the 34^th floor in a building in downtown Chicago.This contract is governed by Article 2A of the UCC.

The difference between the UCC requirement of good faith and doctrine of unconscionability is that

Which of the following is a stated purpose of Article 2 of the UCC?

Sean of Sean's Shrimp House was enjoying a cup of cappuccino while visiting with Ollie at Ollie's Ocean Front Bar & Grill.During the course of their conversation,Sean agreed to supply 100 pounds of shrimp per month for the next year to Ollie's restaurant at the price of $2.50 per pound.When Sean got back to his office,he sent a written confirmation of the agreement to Ollie.Six weeks after receiving the confirmation Ollie wrote back,stating that he had not agreed to the price of $2.50 per pound.Is Ollie bound to the confirmation?

During the development of commercial law centuries ago,businessmen throughout England and Europe

The UCC does not apply to a contract for the sale of goods if the value of the goods is less than $500.

The UCC is federal legislation enacted by Congress.

Jones contracts to buy a computer from Martin for $1500.The contract calls for Martin to service the computer quarterly for the first year and to tutor Jones on how to use the software.Is this contract covered by the UCC or common law?

Lian contracted for financial services from E-wise.This contract is governed by Article 2 of the UCC.

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

Newt,a gun dealer,offers to sell a rare civil war musket to Rush,another dealer,for "$15,000,insurance and shipping paid by buyer." Rush responds,"I accept.Insurance and shipping costs divided equally between seller and buyer." The parties

Jasmine agrees to purchase 1500 tons of recycled glass from Louie,the price to be determined at the time of delivery.Is such an agreement enforceable? Compare the common law with Article 2 of the UCC.

If the seller has made a substantial beginning in manufacturing customized goods,then an oral contract may be enforceable regardless of the amount of money involved in the contract.

Rachel Retailer sends a preprinted purchase order offering to buy goods from Snidley Supplier.Snidley acknowledges Rachel's offer with a preprinted acceptance form.The terms of the two forms do not mirror each other.To analyze whether an enforceable contract exists,one must first determine whether the new language in the acceptance is an additional term or a different term.

Under the UCC statute of frauds,the writing for a sale of goods must

Lorene,an artist,orally agrees to sell Sabrina a painting for $600.While Lorene is busy talking on the phone,Sabrina writes her a note on the back of an envelope she finds in her purse.The signed note states that she will stop by the studio to pick up the painting within the week.Sabrina changes her mind about the painting,and when Lorene sues to enforce the contract,Sabrina defends on the basis of the statute of frauds.Sabrina will succeed with this defense.