Exam (elaborations)
BLAW CH 11 Questions and Answers
- Course
- Institution
BLAW CH 11 Questions and Answers
[Show more]
Content preview
BLAW CH 11"if the court finds the writing to have been intended also as a complete and exclusive
statement of the terms of the agreement" - ✔✔242. Under the UCC, parol evidence may not be
used:
a."if the court finds the writing to have been intended also as a complete and exclusive
statement of the terms of the agreement"
b.
"if the court does not find the writing to have been intended also as a complete and
exclusive statement of the terms of the agreement"
c.
"if the court cannot find the writing to have been intended also as a complete and
exclusive statement of the terms of the agreement"
"one or more specific persons" - ✔✔409. Under the CISG, offers made to ____ are valid offers to
make a contract.
a. "the general public"
b. "a broad audience"
c. "one or more specific persons"
%
d. "the international business community"
49 states - ✔✔144. UCC Article 2 has been adopted:
a. by Congress
b. by 31 states
c. by 49 states
d. by all 50 states
a contract may be made in any manner sufficient to show agreement between the parties - ✔✔195.
Under the common law, a contract cannot be formed until an offer is clearly accepted. Under
UCC Article 2:
a. a contract "must be notarized" and must "show sufficient agreement"
between the
parties
b. a contract "may be made only in the presence of a judicial official"
c. a contract "may be made in any manner sufficient to show agreement" between the
parties
d. a contract is not formed until an offer is clearly accepted
,a load of wheat - ✔✔155. Contracts under Article 2 of the UCC could include:
a. a house
b. a patent
c. a bank account
d. a load of wheat
e. all of the other choices
a seller is the rightful owner of the goods being sold - ✔✔312. A warranty of title means:
a. a buyers goods are fit for a particular purpose
b. a buyers goods are merchantable
c. a seller is the rightful owner of the goods being sold
d. a buyer is legally capable of owning the goods for sale
a valid and sufficient offer of performance under a contract - ✔✔281. Tender is:
a. a proper initiation of a contract
b. failure to provide a sufficient offer of performance under a contract
c. a valid and sufficient offer of performance under a contract
d. a type of contract
e. a contact that allows the offeree to terminate the contract at any
point
%
a. its courts are bound to recognize and enforce arbitration decisions that have followed proper
procedure - ✔✔418. If a country has adopted the United Nations' Convention on the Recognition and
Enforcement of Foreign Arbitrable Awards then:
accept conforming goods and pay for them according to the contract - ✔✔294. With respect to the
buyer's basic obligations under Article 2, the most critical element is:
a. the appropriate manner and timeliness of delivery
b. the place of tender from the seller
c. the quality of tender
d. accept conforming goods and pay for them according to the contract
all fo the above - ✔✔211. Under Article 2 of the UCC, a merchant's firm offer:
a. requires a signed writing by the offeror that the offer will remain open for a given
period
b. is irrevocable if stated in writing that it remains open for a given time
c. stays open for a time not to exceed 3 months, if no other period of time is stated in the
offer
d. does not require consideration to be irrevocable
e. all of the other choices
, all of the above - ✔✔186. In a sale under the UCC, title to goods passes when the goods:
a. arrive for shipment at a port or train or trucking facility
b. arrive at the buyer's facility
c. leave the seller's facility
d. when the goods are halfway between buyer and seller
e. any of the other choices would be allowed
all of the above are possible - ✔✔355. If the buyer breaches a UCC contract while the goods are still
in the possession of the seller,
the seller is authorized to:
a. cancel the contract
b. salvage the goods
c. stop delivery of the goods
d. none of the other choices
e. all of the other specific choices are
possible
all things which are moveable at the time of identification to the contract for sale - ✔✔160. The UCC
defines goods as:
a. all things which are moveable at the time of identification to the contract for sale
%
b. all services which are relevant at the time of identification to the contract for sale
c. any item that a seller offers to a buyer
d. the combination of the items and services listed in the contract
e. all the items listed in the contract and their related services
allowing the buyer to accept less than the entire shipment - ✔✔286. The UCC modifies the common
law perfect tender rule by:
a. allowing the seller to deliver only half the agreed upon shipment
b. not allowing the buyer to sue the seller
c. not allowing the buyer to accept less than the entire shipment
d. allowing the buyer to accept less than the entire shipment
an acceptance is not valid if the offeree's acceptance contains different terms from those in the offer -
✔✔214. Under the common law, an acceptance cannot deviate from the terms of the offer without
being considered either a rejection or a counteroffer. Under UCC Article 2:
a. an acceptance is not valid if the offeree's acceptance contains different terms from
those in the offer
b. an acceptance is valid when the parties intend to form a contract⎯even though the
offeree's acceptance contains different terms from those in the offer
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Hkane. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $11.49. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
75323 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now