Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1- If a buyer discovers that a tender is nonconforming, the buyer may do which of the following EXCEPT? a. Accept the entire tender b.

1- If a buyer discovers that a tender is nonconforming, the buyer may do which of the following EXCEPT?

a. Accept the entire tender

b. Reject the entire tender

c. Reject a commercially reasonable portion of the tender and accept the rest

d. Reject any portion of the tender.

2- Auto Sales & Finance wants to get paid for its goods and services, so it will not sell goods or lend funds unless payment is guaranteed. This is the concept of

a. bad faith.

b. a secured transaction.

c. a fair debt collection practice.

d. fiduciary duty.

3- The seller's right to ship conforming goods to the buyer to replace an earlier nonconforming tender is the right to ______.

a. cover

b. cure

c. replevin

d. specific performance

4- Loan Company has a security interest against Manufacturing Inc. that is enforceable. In other words, with respect to the collateral, Loan's rights are said to

a. attach.

b. ensure.

c. process.

d. perfect.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Constitutional Law For Criminal Justice

Authors: Jacqueline R. Kanovitz, Jefferson L. Ingram, Christopher J. Devine

15th Edition

1138601810, 978-1138601819

More Books

Students also viewed these Law questions

Question

6. Explain what causes unsafe acts.

Answered: 1 week ago