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Choose the most correct answer 1. Puffery A) is considered fraud B) is a sales pitch C) is enforceable as terms of a contract D)

Choose the most correct answer

1. Puffery

A) is considered fraud

B) is a sales pitch

C) is enforceable as terms of a contract

D) can be grounds for breach

2. Justifiable reliance in an allegation of misrepresentation requires

A) that the seller tell the truth

B) that the reliance on the information or statement be logical

C) a fiduciary duty

D) that the statement be made in front of witnesses

3. If you are entering into a contract regarding perishable or seasonal goods, you might want to include

A) an arbitration clause

B) a force majeure clause

C) a time is of the essence clause

D) a severability clause

4. The Statute of Frauds means

A) a way to test if a contract is fraudulent

B) certain categories of contracts must be in writing to be legal

C) certain categories of contracts must be in writing to be enforceable

D) certain categories of contracts are governed by the UCC

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