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An implied warranty Group of answer choices Is not something that is covered under the UCC Is based on an express promise Does not arise

An implied warranty

Group of answer choices

Is not something that is covered under the UCC

Is based on an express promise

Does not arise from the seller's express promise

Arises in all contracts under the common law

If a seller refuses to deliver goods, the remedies include all of the following EXCEPT

Group of answer choices

Buyer's right to physically take away the seller's property

The right to specific performance

Buyer's right to obtain the goods on insolvency

Buyer's right to cancel the contract

CISG stands for

Group of answer choices

The idea that sales contracts are only in the U.S.

Congress of International Securities Grants

The idea that the UCC is the only set of rules for contracts concerning goods

Contracts for the International Sale of Goods

Parol evidence

Group of answer choices

Is always illegal

Applies only if there is a criminal sentencing

Is always legal

Is outside of the contract

Under the UCC, acceptance

Group of answer choices

Must be in writing

Must be in a formal contract

Can be any means that are reasonable

Can be against state law, as long as the parties are OK with it

Under the UCC, "seasonably" means

Group of answer choices

After the expiration of an offer

Within a specified time period

A specific calendar season, such as winter, etc.

Before the expiration of an acceptance

A latent defect

Group of answer choices

Is evident if a seller fails to deliver goods on time

Occurs when the buyer is lazy about performance

Is clear

Is not obvious

Undue influence

Group of answer choices

Means that one party is much better than the other in negotiations

Makes a contract voidable

Means that there has been fraudulent misrepresentation

Is not a contract principle

Duress

Group of answer choices

Is overcoming free will

Is unique to the fashion industry

Encourages equality in negotiations

Does not affect a contract's enforceability

Impossibility of performance

Group of answer choices

Confirms the existence of a contract

Can discharge the contract

Means that the buyer must pay more than she had anticipated

Means that the seller must pay more than he had anticipated

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