Exam 21: Introduction to Sales and Lease Contracts

If a court discovers that a contract or lease provision or the contract or lease as a whole is unconscionable,what actions does the UCC provide for the court to take?

Land and service contracts are governed by common law,not the UCC.

Which of the following is a special type of lease?

For businesses that operate in the global economy,which of the following types of clauses would be advantageous to include in a contract in order to avoid conflict?

Under the UCC,when is an acceptance effective?

Under Article 2 of the UCC,which of the following consists of the passing of title from the seller to the buyer for a price?

The parol evidence rule aims to protect sales or lease contracts that the parties intend to be the final expression of their agreement.

Which of the following was the result in the case in the text,Novamedix,Limited v.NDM Acquisition Corporation and Vesta Healthcare,Inc. ,in which the plaintiff claimed that a settlement agreement was a contract for the sale of goods breached by the defendant because a type of medical slipper involved in the settlement agreement could not be resold?

Which of the following is true regarding the modification to the agreement involving the belts added to the order at no extra charge?

The UCC pertains to all business transactions.

When courts interpret sales and lease contracts,how do they prioritize the combination of the following four factors?

Under the UCC,when will additional terms negate acceptance of a sales contract?

Which of the following is true regarding what meets the UCC definition of a good?

Under Article 2A.of the UCC which of the following is defined as a transfer of the right to possession and use of goods for a term in return for consideration?

Which of the following was offered as a treaty that countries could sign in order to indicate their willingness to allow this treaty to govern international business-to-business sales contracts?

In what year was the UCC created?

Which of the following is true regarding whether the agreement between Lara and Kim for the sale of dresses satisfied the writing requirement of the UCC?

What legal concept aims to protect sales or lease contracts that the parties involved intend to be the final expression of their agreement?

Which of the following items would not be considered a "good" under the UCC?

A contract or contract provision is said to be ________ if it is so unfair that a court would be unreasonable if it enforced the contract.