Question
Ownership of real property also includes rights over everything that is attached or is part of the land such as trees or minerals. True False
Ownership of real property also includes rights over everything that is attached or is part of the land such as trees or minerals.
True
False
Under the Uniform Commercial Code (UCC), modifications to a contract are binding without consideration as long as they are voluntary.
True
False
In a lease of goods contract, both lessor and lessee have the same rights and remedies as seller and buyer in a sale of goods contract.
True
False
Sellers cannot limit breach of warranty to repair or replace a good.
True
False
The Uniform Commercial Code (UCC) distinguishes merchant sellers from non-merchant sellers due to their experience and commercial knowledge.
True
False
Which of the following is not an example of a bailment?
Cars in a city impound lot.
Leaving your dog at the groomer.
Documents in a bank's safe deposit box.
Renting a locker at a storage facility.
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