Exam 23: Performance and Remedies
Exam 1: Introduction to Law45 Questions
Exam 2: Business Ethics and Corporate Social Responsibility45 Questions
Exam 3: International Law46 Questions
Exam 4: Common Law, Statutory Law, and Administrative Law45 Questions
Exam 5: Constitutional Law45 Questions
Exam 6: Dispute Resolution45 Questions
Exam 7: Crime45 Questions
Exam 8: Intentional Torts and Business Torts45 Questions
Exam 9: Negligence, Strict Liability, and Product Liability45 Questions
Exam 10: Cyberlaw and Privacy45 Questions
Exam 11: Introduction to Contracts45 Questions
Exam 12: Agreement45 Questions
Exam 13: Consideration45 Questions
Exam 14: Legality45 Questions
Exam 15: Capacity and Consent45 Questions
Exam 16: Written Contracts45 Questions
Exam 17: Third Parties45 Questions
Exam 18: Performance, Breach and Discharge45 Questions
Exam 19: Remedies45 Questions
Exam 20: Practical Contracts45 Questions
Exam 21: Introduction to Sales45 Questions
Exam 22: Ownership, Risk and Warranties45 Questions
Exam 23: Performance and Remedies45 Questions
Exam 24: Secured Transactions45 Questions
Exam 25: Creating a Negotiable Instrument45 Questions
Exam 26: Liability for Negotiable Instruments45 Questions
Exam 27: Accountants' Liability45 Questions
Exam 28: Agency Law45 Questions
Exam 29: Employment and Labor Law45 Questions
Exam 30: Employment Discrimination45 Questions
Exam 31: Starting a Business: LLCs and Other Options45 Questions
Exam 32: Partnerships45 Questions
Exam 33: Life and Death of a Corporation45 Questions
Exam 34: Management Duties45 Questions
Exam 36: Bankruptcy45 Questions
Exam 37: Securities Regulation45 Questions
Exam 38: Antitrust45 Questions
Exam 39: Consumer Protection45 Questions
Exam 40: Environmental Law45 Questions
Exam 41: Intellectual Property45 Questions
Exam 42: Real Property and Landlord Tenant45 Questions
Exam 43: Personal Property and Bailment45 Questions
Exam 44: Planning for the Future: Estates and Insurance45 Questions
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If Chuck buys frozen cheese from Cheese,Inc.,then fails to inspect the cheese within a reasonable amount of time and does not reject the shipment,Chuck has accepted the shipment even if there is non-conformity.
Free
(True/False)
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Correct Answer:
True
"Course of dealing" refers to prior commercial transactions between the same parties.
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(True/False)
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Correct Answer:
True
In some industries it is a routine practice to draft contracts permitting imperfection in the seller's goods,thereby limiting the effect of the perfect tender rule by the parties' agreement.
Free
(True/False)
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Correct Answer:
True
Leonna orders five table settings of china from Elite China.Each set includes a dinner plate,cup & saucer,bowl,and dessert plate.The china is sold only in sets.When the delivery arrives,Leonna discovers that Elite China sent the wrong pattern.Leonna immediately calls Elite China and is instructed to send the shipment back.While repacking the shipment,Leonna changes her mind and decides to keep the cups and saucers.She returns everything else.Can she do this?
(Essay)
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Under the doctrine of commercial impracticability,which situation would NOTexcuse the seller's performance?
(Multiple Choice)
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Neon orders one thousand 25-foot nylon ropes from Hang'em High Co.Upon inspection of the delivery,Neon learns that Hang'em sent five hundred 25-foot ropes and five hundred 20-foot ropes.Neon may
(Multiple Choice)
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Assume that Sherrie's Cherries contracts with Dessert World to sell and ship 600 pounds of cherries in three equal installments of 200 pounds each.If the first installment arrives with 5 pounds of spoilage,then Dessert World may
(Multiple Choice)
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If a seller cures within a reasonable amount of time,the contract
(Multiple Choice)
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When a party to a contract notifies the other party that it will not perform the contract as agreed,this conduct is referred to as
(Multiple Choice)
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A buyer who accepts nonconforming goods may revoke the acceptance under limited circumstances.
(True/False)
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A baseball team ordered 500 wooden baseball bats from Bats,Inc.,for delivery on June 1.On May 15,the ball team received 500 aluminum bats instead of the wooden ones.As of May 16,Bats,Inc.
(Multiple Choice)
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The UCC's requirement that contracting parties perform and enforce their deals honestly is termed
(Multiple Choice)
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A buyer who accepts goods but notifies the seller the goods are non-conforming
(Multiple Choice)
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A homeowner has a contract with a firewood supplier to bring a stack of hardwood at the beginning of each month from October through March.If the supplier has brought a mixture of hard and soft woods for the first three deliveries and the homeowner accepted the deliveries,the homeowner cannot reject a delivery in January just because it includes some soft wood.
(True/False)
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The term tender means to physically deliver the goods to the buyer.
(True/False)
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Which of the following statements is NOT TRUE regarding the buyer's right to cover?
(Multiple Choice)
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Buyer Bob breaches his contract for the sale of goods with Seller Suzie.Suzie still has possession of the goods at the time of the breach.Suzie can refuse to deliver the goods and
(Multiple Choice)
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