1. The Uniform Commercial Code supersedes state law.

a.) True

b.) False

2. Real estate and fixtures are covered by the secured transaction provisions of the UCC.

a.) True

b.) False

3. ________ ___ permits and encourages freedom of contract between the parties but supplies the legal standard should the parties be silent with respect to a given provision.

Fill in the blank

4. ________ __ of the UCC concerns the question of who bears the risk of the goods being destroyed after the contract has been signed.

a.) Article IV

b.) Article III

c.) Article I

d.) Article II

5. List the three types of these special shipment arrangements.

6. ( ) is method of creating and protecting a security interest under Article IXLinks to an external site. of the UCC.

Fill in the blank

7. What three requirements under Part Two of Article IX parties are required meet in order to create a valid and enforceable security interest?

8. What are the specificfunctions for paralegals who work contractssubject toArticle IX?

9. A guarantee that goods can be used in their current condition is:

a.) Warranty of title

b.) Warranty

c.) Warranty of merchantability

d.) Warranty of fitness for a particular use

10. To replenish, is equitable remedy in which a buyer reclaims property previously rejected.

a.) True

b.) False