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1. Which of the following terms implies that the seller must make the goods available to the buyer during reasonable hours and for a reasonable period of time so that the buyer can take possession of the goods?
5. A.Tender of payment
6. B.Notification
7. C.Acceptance
8. D.Tender of delivery

5.00000 points

QUESTION 2

1. Implied warranties:
5. A.imposed by law are absolute.
6. B.protect the buyer in ownership of the goods bought.
7. C.warrant that the goods are free of any liens or claims of other parties.
8. D.establish certain responsibilities on the seller for the quality of the goods sold.

5.00000 points

QUESTION 3

1. Under Article 2 of the Uniform Commercial Code, which of the following statements illustrates a merchant?
5. A.Theodora, a doctor, sells her phone to her friend.
6. B.Charles, a chef, sells his car to his neighbor.
7. C.Nick, an electronic goods dealer, contracts to sell laptops to another firm.
8. D.Annie, a teacher, contracts to sell her microwave and television to her friend, Iris.

5.00000 points

QUESTION 4

1. Jessica went to Angel Beauty Salon to get a facial. The cosmetic products used by the beautician contained certain harmful chemicals that reacted with Jessica's face. This resulted in several rashes and spots on her face. Which of the following statements is true of Article 2 of the Uniform Commercial Code in determining the rights and responsibilities of the parties?
5. A.Article 2 of the Uniform Commercial Code would not apply because Jessica entered into a contract which was predominantly a service contract.
6. B.Article 2 of the Uniform Commercial Code would not apply because Jessica is not a merchant.
7. C.Article 2 of the Uniform Commercial Code would apply because any contract involving the use of cosmetic products is governed by the Code.
8. D.Article 2 of the Uniform Commercial Code would apply because the cosmetic products are not Jessica's tangible personal property.

5.00000 points

QUESTION 5

1. According to the Uniform Commercial Code (UCC), _____.
3. A.the sale of goods between two parties is always legal
4. B.the doctrine of promissory estoppel will always overrule a written contract
5. C.the sale of goods costing $500 or more is not enforceable without a writing or other specified evidence
6. D.there is no need for the formality of writing during sales transactions

5.00000 points

QUESTION 6

1. Which of the following statements is true of a lease?
5. A.It is a transfer of the ownership of goods from one merchant to another.
6. B.It is a transfer of the right to possess and use goods belonging to another.
7. C.It is governed exclusively by Article 2 and Article 9 of the Uniform Commercial Code.
8. D.It is governed by the same principles of common law that predominantly govern the sale of goods.

5.00000 points

QUESTION 7

1. The creation of an express warranty depends on the:
5. A.seller's intent.
6. B.seller's statement becoming part of the bargain.
7. C.mere recommendation of the goods by the seller.
8. D.seller's confining their statements to "sales talk."

5.00000 points

QUESTION 8

1. If the buyer and seller do not have an agreement for where the goods are to be delivered, the goods should be delivered at the _____.
5. A.seller's place of business
6. B.seller's house, even if the seller has a place of business
7. C.buyer's house
8. D.buyer's place of work

5.00000 points

QUESTION 9

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