Question
66. Linda agrees to buy Missy's Greyhound race dog for $2,000. Linda is to deliver the money and take possession of the dog the next
66. Linda agrees to buy Missy's Greyhound race dog for $2,000. Linda is to deliver the money and take possession of the dog the next morning. That night, running his best race ever, the dog runs away from Missy, never to be seen again. What will be the outcome in this case?
A. Linda must give $2,000 for the dog, but only if the dog was insured.
B. Linda must give $2,000 for the dog, but only if Missy can find a replacement dog within a reasonable time.
C. Missy must find another dog for Linda or pay her $2,000.
D. Linda does not have to pay for the dog; the contract duties are discharged.
70. In which of the following cases is the predominant purpose the sale of goods?
A. Juanita goes to her dentist to have a cavity filled; while there, she buys a tube of whitening toothpaste the dentist sells at the front desk.
B. Anderson makes an appointment with his stockbroker to purchase 100 shares of Microsoft stock.
C. Millicent purchases ten bags of gravel from a landscaping company; an employee carries them to her truck and loads them for her.
D. Thomas purchases a membership to a health club; his membership entitles him to a free bottle of water with every visit.
76. In medieval England, the law merchant doctrine focused on all of the following except
A. promises.
B. the sale and exchange of goods.
C. payment.
D. the sale and exchange of real estate.
77. All of the following parties had a hand in creating the UCC except
A. the U.S. Senate.
B. the American Law Institute.
C. the National Conference of Commissioners on Uniform State Laws.
D. None of these are correct.
29. An assignment for consideration is irrevocable. True/False
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