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please help me answer these questions. please answer correctly please answer questions please answer questions QUESTION 1 Ralph unters into a contract and buys a
please help me answer these questions.
please answer correctly
please answer questions
please answer questions
QUESTION 1 Ralph unters into a contract and buys a Blicyde trom Sul's Cycle ShopThis transaction is considered a 'sale of goods under Article 2 of the Uniform Commercial Code (UCC) a) True Ob) False QUESTION 2 Armand the Model enter into a contract with knuckles Magazine where he autores them to use a name and is on the Magazine's cover for the month of October 2012 in exchange for 510 000 00 Amands attomey feel that Acide 2 of the UCC does not apply to this deal is he correct? a) Yes b) No QUESTION 3 FredsBeans, Incenters into a contact to buy cooking or from Salys Restaurant Supply Co The form of the deal are 10 barrels of os for 55.00000"FOB' Federal Express, Miami Florida in contract a) Buyer is picking up the goods from Seller b) Seller at his own cost and risk le tendering the goods to a shipper Buyer at his onn cost and risk must get the goods to the shipper d) This is a destination contract QUESTION 4 In question above the parties did not discuss aree upon specifica as to payment. The consequences a) There is no contract because the offer is considered indefinite does not cover the materials b) The ser must sell the goods on credit-'Not 50 c) The buyer must pay at the time and place that the goods are delivered 'COD d) None of the Above QUESTION ! Ralph enter into a contract and buysa Bicycle from Safs Cycle Shop This ansaction is considered sale of goods under side of the Uniform Commal Code (UCC) a) True 0.b) False QUESTION 2 Armand the Model enters into a contact with knuckles Magazine wherein the authors them to use his name and eness on the Magazine cover for the month of October 2012 in exchange for $10,000 00 Amands may feels that Article 2 of the UCC does not apply to this dat she correct? a) Yes b) No QUESTION 3 Fred's Beans, Incenters into a contract to buy cooking oil from Saly's Restaurant Supply.co the terms of the deal are 10 barrelsol o for 3.00000 FOB Federal Express Miami Florida In this contract a) Buyer is picking up the goods from Seller b) Selfer at his own cost and risk is tendering the goods to a shipper O c) Buyer at his own cost and risk must get the goods to the shipper d) This is a destination contract QUESTION 4 In question above the parties did not discuss/agree upon specifics as to payment The Conquences There is no contract because the offer is considered indefinite does not cover the materials b) The seter must sell the goods on credit Nel 30% c) The buyer must pay at the time and place that the goods are delivered COD None of the Above QUESTIONS If there are no specific terms addressing shipment or pickup the UCC provides that a) The buyer is to pick up the goods at Seller's place of business Ob) The Seller is to deliver the goods to Buyer's place of business The parties are to split the cost of shipping d) The Seller is required to under the goods to a shipper of buyer's choice QUESTION goods that are the subject of a les contractare lost damaged or destroyed by a fout of other buyer or see the risk of loss passed to the buyer then a) The seller must return any prepaid purchase price Ob) The buyer can cancel the contract c) The buyer must pay seller d) None of the Above QUESTION 10 Acne Marine orders a specialized piece of marine equipment to be built and sold by Dog head Machines. The price la 5500.000 FOB Acme Marina Bayport, NY The price form has a notation regarding payment that $150 000 is due to Seller on delivery and the balance of 5380 000 is due to Net so Which statement is the regarding this ansaction a) That Acme must make the 5350 000 balance payment to Dog head when the equipment is delivered b) That Risk of loss only passed from Seller to come at the time and place at the goods are tendered by Dog head to Acme Marine in Bayport NY c) This is a destination contact d) That the goods are partially sold on credit QUESTION 8 If there are no specific terms addressing shipment or pickup, the UCC provides that O a) The buyer is to pick up the goods at Seller's place of business b) The Seller is to deliver the goods to Buyer's place of business O c) The parties are to split the cost of shipping d) The Seller is required to tender the goods to a shipper of buyer's choice QUESTION 9 of goods that are the subject of a sales contract are lost, damaged or destroyed by no fault of either buyer or seller, after risk of loss passed to the buyer, then a) The seller must return any prepaid purchase price b) The buyer can cancel the contract O c) The buyer must still pay seller d) None of the Above Step by Step Solution
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