Best Study Guide Exams Questions and Answers

BUL 5810 CH. 21 TEST QUESTIONS WITH ALL ANSWERS REVISED AND UPDATED Which of the following is/are allowable under the CISG and could have made this contract easier to interpret? (3) - Answer-1. A choice of forum provision 2. A choice of law provision 3. A choice of language provision If the contract between Wizard Internet and the seller included both the computer equipment and its installation, would the Article 2 of the UCC cover the agreement? - Answer-A court would look to the "p...

BUL3310 TEST QUESTIONS WITH VERIFIED SOLUTIONS The victim of negligent misrepresentation may recover contract damages, but not punitive damages - Answer-True The legal status of a contract entered into by someone who has been adjudicated insane is - Answer-Void Kevin, a minor, sold his home gym to Buyer, who in turn sold it to a good faith purchaser for value (GFP), Under the Uniform Commercial Code, Buyer took title from Kevin, and transferred title to the GFP - Answer- Voidable. G...

BUL3310 EXAM 3 QUESTIONS WITH ANSWERS REV ISED AND UPDATED The minor must pay the contract price of the goods or services. - Answer-Which of the following statements about a minor's purchase of necessaries is false? false - Answer-Any person who occupies a position of trust and confidence in relation to another person or his property is a trustee. Furniture World, because it is a merchant and Bill had not yet taken possession of the table. - Answer-On Saturday, Bill Buyer paid Furniture ...

BUL 3310 EXAM 3 QUESTIONS WITH VERIFIED ANSWERS Dillon struggles with his algebra class and, in July, decides that he is going to arrange for a tutor for the upcoming school semester. He eventually persuades Vonda to tutor him. They discuss Vonda's fee and hours and decide that their arrangement will last for the entire school semester. Under the Statute of Frauds, this contract: a. must be in writing under the UCC. b. does not need to be in writing. c. must be in writing because it i...

BUL 3310 EXAM 2 QUESTIONS WITH ALL CORRECT ANSWERS On Monday, Agnes bought and paid for a sofa from SofaStore. SofaStore offers free furniture delivery, but the first available delivery date was Thursday. On Wednesday the sofa was destroyed in a fire at SofaStore. Who bears the risk of loss? Agnes, because she had title to the sofa when it was destroyed. Agnes, because the sofa had already been identified to the contract Agnes, if her check had cleared; SofaStore, if the check had not ...

BUL 3310 TEST QUESTIONS WITH CERTIFIED ANSWERS The Uniform Commercial Code requires that any modification to a contract for the sale of goods must be supported by new consideration T/F - Answer-False In a bilateral contract, each party must gain a legal benefit, but only one party need incur a legal detriment T/F - Answer-False Under an output contract, the seller loses the right to sell his goods to anyone but the buyer named in the output contract T/F - Answer-True Sham considerat...

BUL3310 PRACTICE TEST QUESTIONS WITH VERIFIED ANSWERS – UPDATED!! Which of the following is the kind of contract in which each party offers as consideration a promise to do something? 1. Quasi 2. Bi-lateral 3.Implied in law 4. Unilateral - Answer-2 Hilary sold Meredith a broach that had belonged to her mother. She told Meredith, in good faith, that it was a genuine cameo from the 1880's. In fact, it was a copy manufactured in the 1980's out of polymers. Meredith can rescind the contr...

LAW AND BUSINESS EXAM 1, WELKER, USF, BUL 3320 QUESTIONS WITH ANSWERS UPDATED International Infliction of Emotional Distress - Answer-A tort that says a person whose extreme and outrageous conduct intentionally or recklessly causes severe emotional distress to another person is liable for that emotional distress. Res Ipsa Loquitor - Answer-A tort in which the presumption of negligence arises because the defendant was in exclusive control of the situation and the plaintiff would not have suf...

BUL3320 LAW AND BUSINESS QUIZ 7 EXAM TEST QUESTIONS AND ANSWERS The Taft-Hartley Act created the to assist in the settlement of labor disputes. - Answer-Federal Mediation and Conciliation Service One unfair labor practice under the Wagner Act is . - Answer-requiring job applicants to answer whether they would cross a picket line in a strike Wayside Academy is a private school in Mountain State. Wayside employs 50 teachers and 5 aides who all lived locally to run the school and the associa...

BUL USF Chp4 - Constitutional Law for Business and E-Commerce Questions and Answers Ellen received health insurance through her employer. One year later she was diagnosed with cancer and underwent treatment. The insurance company believed it would be too expensive to insure her and rescinded her coverage. She may bring a claim against the insurance company because of the provisions of the - Answer-Health Insurance Portability and Accountability Act (HIPAA). A polygraph test may be legally u...