PRACTICE QUESTIONS

11. Article 2 and 2A of the Uniform Commercial Code governs sales and leases of Goods. Two parties entered into a written contract to sell all of the movable assets of Brown Dome Construction Co. The parties agreed to many terms, but they did not agree on a price. Shortly before the goods were to be delivered the Buyer changed his mind. The Seller sued. Which of the following statements are true.

a.If the contract did not specifically say that it was governed by section 2 of the UCC then common law controls.

b.If no price was agreed to you do not yet have a contract.

c.You have a contract, but you cannot get damages for breach of the contract since no price was agreed upon.

d.You have a contract on any part of the goods where the value was agreed upon. You do not have a contract on the rest.

e.You have a contract. The court will enforce it if necessary.

12.The City Police detained John Brown on suspicion of murder. Outraged by the cruelty of the murder some officers beat John Brown in his cell. During the beatings John Brown confessed to the murder. Learning that the confession was obtained by beating John Brown, a Judge threw the confession out and ordered that John Brown be released. The day after he was released a witness called the police to report that John Brown was on the street bragging about committing the murder and getting away with it. What can the District Attorney do at this point.

a.Call a press conference and discuss how bad policemen make it hard to put criminals away.

b.Prosecute John Brown for the murder if he has enough evidence without using the forced confession.

c.Charge John Brown with some other crime such as carrying a gun.

d.Nothing. Because of the police misconduct the District Attorney cannot prosecute John Brown.

e.Order the police to watch John Brown, he is bound to do something else wrong in the future.

13.Which of the following are Requirements for Negotiability of a draft? CHECK ALL THAT APPLY!

a.Be in writing.

b.Be an unconditional promise or order to pay.

c.Be dated with the date of creation.

d.Be dated with the date of delivery.

e.State a fixed amount of money.

f.Be payable on demand or at a definite time.

g.Be payable to order or to bearer, unless the instrument is a check

h.Be signed by the maker or he drawer.

14.Today, at least theoretically, the power over commerce authorizes the national government to regulate almost every commercial enterprise in the United States.

a.This is not true.

b.This is not true if there is a state statute that directly conflicts with the federal statute.

c.This is true except for the medical use of Marijuana.

d.This is true except for professional Sports.

e.This is true.