Answered step by step
Verified Expert Solution
Question
1 Approved Answer
I need these answered ASAP Question 8 1 pts The passage of title from the seller to the buyer for a price is the definition
I need these answered ASAP
Question 8 1 pts The passage of title from the seller to the buyer for a price is the definition of A sale A Contract de Jeuit Risk of loss A destination contract Question 9 1 pts Tabby Corporation and David, a consumer, enter into a contract for the sale of red shirts. The contract contains a clause that is perceived as grossly unfair to David. What is the likely result? David is not obligated to accept and pay for the red shirts The principles of fair trade makes the contract unenforceable David must accept and pay for the red shirts because he agreed to do so The mirror image rule applies in this situation Question 10 1 pts The basic obligation of the buyer is to Reject non conforming goods Pay for conforming goods tendered Tender conforming goods Identify and insure goods Question 14 1 pts Chicago Company, located in Chicago, agrees to sell paper bags to Aflec Company, located in Philadelphia. The goods are shipped via common carrier, terms are FOB Philadelphia. While en route to Philadelphia, the goods are destroyed. Who bears the loss? Aflec Company Chicago Company Both companies will split the cost The shipping company Question 15 1 pts Chopra and Chaka agree to the sale and purchase of a crate of oranges. Chaka, the buyer, receives the oranges on July 1. On July 30, Chaka places the oranges on his store shelves for retail sale. On August 2, Chaka discovers that the oranges are nonconforming. Which of the following statements is true? Chaka can reject the oranges on August 2 Chaka accepted the oranges on July 1 Chaka never accepted the oranges Chaka accepted the oranges on July 30 Question 16 1 pts The seller steals goods and sells them to Able. What kind of title does Able have? Ovoid insolvent Valid Voidable Question 17 1 pts A contract for the sale of goods is normally not enforceable if it is missing A price term The quantity term The duration of the contract The shipping arrangement Question 18 1 pts Randall Company and Sam Smith orally agree to the sale of 1,000 pencils at $.25 each. This contract is Enforceable only if both Randall and Sam are merchants Enforceable Enforceable only if Sam is a merchant Question 19 1 pts Glaskro, Inc. agrees to sell 50 chairs to Robrer, Inc. The only term missing from the contract is the place for delivery. What is the likely result? The place for delivery is the Glaskro's The place for delivery is the nearest post office The missing terms renders the contract unenforceable The place for delivery is Robrer's Question 32 1 pts A seller and buyer agree to the contract for the sale and purchase of 1,000 red shirts. The seller tenders 998 red shirts and 2 blue shirts. Which of the following statements is true? The buyer must accept the delivery because the seller has substantially conformed to the contract terms. The seller must be given the right to ship the remaining 2 red shirts The buyer has a right to reject the entire shipment because it fails to conform to the contract terms. The seller is not in breach of contract. Question 33 1 pts The moment the goods are identified to the seller, the buyer has An obligation to accept the goods the right to demand payment for the goods an insurable interest in the goods An obligation to pay for the goods Question 34 1 pts Which of the following is a remedy if the buyer is insolvent Adverse possession Replevin Remedy in possession Stopping the goods in transit
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started