Exam 19: B: The Formation of Sales and Lease Contracts
Exam 1: A: Introduction to Law and Legal Reasoning42 Questions
Exam 1: B: Introduction to Law and Legal Reasoning42 Questions
Exam 1: C: Introduction to Law and Legal Reasoning7 Questions
Exam 1: D: Introduction to Law and Legal Reasoning7 Questions
Exam 2: A: Courts and Alternative Dispute Resolution42 Questions
Exam 2: B: Courts and Alternative Dispute Resolution41 Questions
Exam 3: A: Court Procedures42 Questions
Exam 3: B: Court Procedures42 Questions
Exam 4: A: Constitutional Authority to Regulate Business42 Questions
Exam 4: B: Constitutional Authority to Regulate Business41 Questions
Exam 5: A: Ethics and Business Decision Making42 Questions
Exam 5: B: Ethics and Business Decision Making42 Questions
Exam 6: A: Intentional Torts and Privacy41 Questions
Exam 6: B: Intentional Torts and Privacy41 Questions
Exam 7: A: Negligence and Strict Liability42 Questions
Exam 7: B: Negligence and Strict Liability40 Questions
Exam 7: C: Negligence and Strict Liability6 Questions
Exam 7: D: Negligence and Strict Liability6 Questions
Exam 8: A: Intellectual Property and Internet Law42 Questions
Exam 8: B: Intellectual Property and Internet Law42 Questions
Exam 9: A: Criminal Law and Cyber Crimes42 Questions
Exam 9: B: Criminal Law and Cyber Crime41 Questions
Exam 10: A: Nature and Terminology42 Questions
Exam 10: B: Nature and Terminology42 Questions
Exam 10: C: Nature and Terminology5 Questions
Exam 10: D: Nature and Terminology5 Questions
Exam 11: A: Agreement in Traditional and E-Contracts40 Questions
Exam 11: B: Agreement in Traditional and E-Contracts42 Questions
Exam 12: A: Consideration42 Questions
Exam 12: B: Consideration42 Questions
Exam 13: A: Capacity and Legality42 Questions
Exam 13: B: Capacity and Legality41 Questions
Exam 14: A: Mistakes,fraud,and Voluntary Consent42 Questions
Exam 14: B: Mistakes,fraud,and Voluntary Consent42 Questions
Exam 15: A: The Statute of Frauds42 Questions
Exam 15: B: The Statute of Frauds42 Questions
Exam 16: A: Third Party Rights42 Questions
Exam 16: B: Third Party Rights42 Questions
Exam 17: A: Performance and Discharge41 Questions
Exam 17: B: Performance and Discharge41 Questions
Exam 18: A: Breach of Contract and Remedies42 Questions
Exam 18: B: Breach of Contract and Remedies42 Questions
Exam 19: A: The Formation of Sales and Lease Contracts42 Questions
Exam 19: B: The Formation of Sales and Lease Contracts42 Questions
Exam 19: C: The Formation of Sales and Lease Contracts5 Questions
Exam 19: D: The Formation of Sales and Lease Contracts5 Questions
Exam 20: A: Title,risk,and Insurable Interest42 Questions
Exam 20: B: Title,risk,and Insurable Interest42 Questions
Exam 21: A: Performance Breach of Sales Lease Contracts42 Questions
Exam 21: B: Performance Breach of Sales Lease Contracts42 Questions
Exam 22: A: Warranties and Product Liability42 Questions
Exam 22: B: Warranties and Product Liability42 Questions
Exam 23: A: International Law in a Global Economy42 Questions
Exam 23: B: International Law in a Global Economy42 Questions
Exam 24: A: The Function Creation of Negotiable Instruments42 Questions
Exam 24: B: The Function Creation of Negotiable Instruments42 Questions
Exam 24: C: The Function Creation of Negotiable Instruments4 Questions
Exam 24: D: The Function Creation of Negotiable Instruments4 Questions
Exam 25: A: Transferability and Holder in Due Course42 Questions
Exam 25: B: Transferability and Holder in Due Course42 Questions
Exam 26: A: Liability,defenses,and Discharge42 Questions
Exam 26: B: Liability,defenses,and Discharge42 Questions
Exam 27: A: Checks,the Banking System,and E-Money42 Questions
Exam 27: B: Checks and Banking in the Digital Age42 Questions
Exam 28: A: Creditors Rights and Remedies42 Questions
Exam 28: B: Creditors Rights and Remedies42 Questions
Exam 29: A: Secured Transactions42 Questions
Exam 29: B: Secured Transactions42 Questions
Exam 30: A: Bankruptcy Law42 Questions
Exam 30: B: Bankruptcy Law42 Questions
Exam 30: C: Bankruptcy Law3 Questions
Exam 30: D: Bankruptcy Law3 Questions
Exam 31: A: Mortgages Foreclosures After the Recession40 Questions
Exam 31: B:mortgages Foreclosures After the Recession41 Questions
Exam 32: A: Agency Formation and Duties42 Questions
Exam 32: B: Agency Formation and Duties42 Questions
Exam 33: A: Agency Liability and Termination42 Questions
Exam 33: B: Agency Liability and Termination42 Questions
Exam 34: A: Employment,immigration,and Labor Law42 Questions
Exam 34: B: Employment,immigration,and Labor Law42 Questions
Exam 34: C: Employment,immigration,and Labor Law3 Questions
Exam 34: D: Employment,immigration,and Labor Law3 Questions
Exam 35: A: Employment Discrimination42 Questions
Exam 35: B: Employment Discrimination42 Questions
Exam 36: A: Sole Proprietorships and Franchises42 Questions
Exam 36: B: Sole Proprietorships and Franchises42 Questions
Exam 36: C: Sole Proprietorships and Franchises7 Questions
Exam 36: D: Sole Proprietorships and Franchises7 Questions
Exam 37: A: Partnerships and Limited Liability Partnerships42 Questions
Exam 37: B: Partnerships and Limited Liability Partnerships42 Questions
Exam 38: A: Limited Liability Companies Special Business Forms42 Questions
Exam 38: B: Limited Liability Companies Special Business Forms42 Questions
Exam 39: A: Corporate Formation and Financing42 Questions
Exam 39: B: Corporate Formation and Financing42 Questions
Exam 41: A: Corporate Merger,consolidation, Termination42 Questions
Exam 41: B: Corporate Merger,consolidation, Termination42 Questions
Exam 42: A: Securities Law Corporate Governance42 Questions
Exam 42: B: Securities Law Corporate Governance42 Questions
Exam 43: A: Law for Small Business42 Questions
Exam 43: B: Law for Small Business42 Questions
Exam 44: A: Administrative Law42 Questions
Exam 44: B: Administrative Law42 Questions
Exam 44: C: Administrative Law5 Questions
Exam 44: D: Administrative Law5 Questions
Exam 45: A: Consumer Law42 Questions
Exam 45: B: Consumer Law41 Questions
Exam 46: A: Environmental Law42 Questions
Exam 46: B: Environmental Law42 Questions
Exam 47: A: Antitrust Law42 Questions
Exam 47: B:antitrust Law42 Questions
Exam 48: A: Professional Liability and Accountability42 Questions
Exam 48: B: Professional Liaility and Accountability42 Questions
Exam 49: A: Personal Property and Bailments42 Questions
Exam 49: B: Personal Property and Bailments42 Questions
Exam 50: A: Real Property Landlord-Tenant Relationships42 Questions
Exam 50: B: Real Property Landlord-Tenant Relationships42 Questions
Exam 50: C: Real Property Landlord-Tenant Relationships4 Questions
Exam 50: D: Real Property Landlord-Tenant Relationships4 Questions
Exam 51: A: Insurance42 Questions
Exam 51: B: Insurance42 Questions
Exam 52: A: Wills and Trusts42 Questions
Exam 52: B: Wills and Trusts42 Questions
Select questions type
No oral contract is enforceable under the UCC.
Free
(True/False)
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Correct Answer:
False
Certain provisions of UCC Article 2A apply only to consumer leases.
Free
(True/False)
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(41)
Correct Answer:
True
Sunny Glass Company and Collision Repair Center enter into a contract under which Sunny agrees to deliver a certain quantity of auto glass to Collision Repair each month.The contract does not include a price term.In a suit between the par?ties over the price,a court will
Free
(Multiple Choice)
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(35)
Correct Answer:
A
In a dispute over a sale involving a bicycle,Dain argues that as to this deal Emory's Hobby Shop,where Dain bought the bike,is a merchant.A court may determine whether Emory's is a merchant by assessing whether
(Multiple Choice)
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A lessor is a party who acquires a right to the possession and use of goods under a lease.
(True/False)
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Quinn enters into a series of agreements with Reba involving a sale of a Suite Dreams Motel,including the land,building,furnishings,shares of stock in Suite Dreams Company,and a contract with Trudy to create an ad campaign.Reba suspects that Quinn may be misrepresenting the facts.The UCC Statute of Frauds governs the sale of
(Multiple Choice)
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Under the UCC,a sale is the passing of title from a seller to a buyer for a price payable in cash,goods,or services.
(True/False)
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Whenever the parties to an international transaction fail to specify in writing the precise terms of the contract,the United Nations Convention on Contracts for the International Sale of Goods (CISG)will be applied.
(True/False)
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Goods associated with real estate never fall within the scope of UCC Article 2.
(True/False)
4.8/5
(25)
UCC Article 2 applies to sales transactions between all buyers and sellers.
(True/False)
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(25)
If a contract in which goods and services are combined is primarily a goods contract,any dispute over it will be decided under the UCC.
(True/False)
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Fresh Harvest,Inc. ,agrees to sell to Gina's Bed & Breakfast Inn a certain amount of locally grown produce each week but no mention is made of where the goods are to be delivered.In general,the UCC requires that the delivery take place at
(Multiple Choice)
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Pop Culture Clothiers,Inc. ,sells t-shirts to Trendwell Stores,Inc. ,under an existing con?tract.When textile costs increase,Trendwell agrees to a price increase,but later wants to cancel the con?tract.Trendwell may
(Multiple Choice)
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The terms of a fully integrated contract can be contradicted only by evidence of any prior agreements.
(True/False)
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Over the course of a year,Retail Market,Inc. ,sells goods from its inventory and one of its warehouses.In exchange,Retail receives checks and other items that substitute for cash,which Retail uses to repay a loan from Savers Bank.Article 2 of the UCC governs
(Multiple Choice)
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Sweet Tooth Pastries,Inc. ,and other bakers refer to a "baker's dozen" as con?sisting of a collection of thirteen baked goods.This is an example of
(Multiple Choice)
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The UCC imposes a good faith limitation on requirements contracts.
(True/False)
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Fact Pattern 19-A1
Olisa enters into a contract to buy a stove from Pay-to-Own Appliance store with the price to be paid in monthly installments.After thirty-six months of payments,Olisa has paid more than twice the price of a similar stove.Eighteen payments remain due under the contract.
-Refer to Fact Pattern 19-A1.Under the UCC,the court can evaluate the contract to determine whether it was unreasonably unfair and one sided
(Multiple Choice)
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Rally Corporation enters into a contract to sell ski gear to SnoSportz Company,which sells a pair of the skis to Tyra,a consumer,who later sells them to Uli,another consumer.Article 2 of the UCC applies to the sales transactions between
(Multiple Choice)
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Trina pays Urban Edge Electronics store $1,500 for a laptop com?puter.Under the UCC,this is
(Multiple Choice)
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