QUESTION 17 When a buyer has a right to inspect the goods, the right usually must be exercised: A before the goods are shipped. B. during production before accepting the goods. D.within ten days of accepting the goods. 5 points 5 points QUESTION 18 are those that are in accordance with the obligations under the contract. A Future goods 8. Nonconforming goods C.Tangible goods D. Conforming goods 5 points QUESTION 19 In what respect is a baiment legally different from a sale? A Title does not transfer in a bailment. 3. Title transfers in a baiment but no price is involved C in both there is a transfer of title but in a baiment the title reverts to the baller at the end of the bailment D. in a sale the title transfer includes all rights of ownership out in a barlment the title transfer includes limited rights of ownership 5 points La QUESTION 20 5 points A document of title slows the person who possesses to A receive the goods named in the document, .conclusively prove ownership of the goods named in the document, Creceive the goods named in the document free of any creditoria D. conclusively prove that the goods are free of defects 5 points SA QUESTION 14 indudes any symbol, made with the intent to authenticate a writing A Seal informal note C. Mark D. Signature 5 points SA QUESTION 15 Which of the following is considered to be future goods? A Office furniture Stocks C. Fish in the sea D. Gasoline at a gas station QUESTION 16 5 points When goods are sent fo.b, shipment, the title and risk of loss A pass to the carrier at the point of origin pass to the buyer at the point of onion pass to the buyer at the destination b.pass to the buyer when he/she accepts the goods what respectie a baiment legal different from a safe - Google Search 5 points Sve www Question Completion Status: QUESTION 9 in a tender of payment A, a buyer offers to turn the money over to the seller B. a buyer shows a seller his or her legal tender the seller puts conforming goods at the buyer's disposition D. the seller provides storage facilities for goods to the buyer, 5 points Tower QUESTION 10 in which manner can a sales contract be formed? A It can be formed only through an oral agreement 1. It can be oral or written only if there are two witnesses C. It can be only in the written format with all the terms being acceptable to the parties It can be formed by any method that shows the parties have reached an agreement QUESTION 11 5 points Save Bridget contracts with Hunter to purchase $30,000 of goods for her store, Hunter wants a cause in the contract that neither party will sue the other after one year from the date of breach of contract. Which of the following is true of this situator? A. Parties are not allowed to provide time limits in their sales agreements since the UCC sets this time. B. Competent and informed parties can agree to set any time limit to sue for breach of contract. The courts must review the time limits the parties have determined in the sales agreement as reasonable D. The UCC allows parties to shorten the time limit to bring a suit to a minimum of one year S points QUESTION 12 Which of the following is true of insurable interest A Sellers can retain the insurable interest to goods as long as they have the title to them B. Buyers cannot place insurance on goods Buyers cannot obtain an insurable Interest if they might later reject the foods we are contract D. Seek adjustment 5 points Ger QUESTION Samantha purchased a used computer system from Office Rentalne who was updating its computers Later Big Bank aurted the right to repossess the used computer system from Samantha since it had a bien on all of Office Rental's business equipments that secured an unpaid loan. Samantha was unaware of this en What are Samantha's legal rights A She can sue Office Rental for breach of warranty of title She can claim that she was unaware of Office Rental's debt and hence Big Bank cannot asserts en C. She can continue to possess the computer system, since the paid Office Rental for it D. She can claim a refund from Office Rental but cannot bring a lawsuit against Office Renator Big Blank QUESTION 7 after the auctioneer calls for bids on an artide or lot, that article or lot cannot be withdrawn unteis no bid is made within a Spoints Save In an reasonable time A action with reserve B. enforced auction Cauction without reserve Dentitled auction 3 points QUESTIONS a person obtains property as a result of another's fraud, misrepresentation, mutta mistake, undue influence ordures, the persons said to hold only A voldable rights B. contract rights Cinsured rights D.valid rights 5 points Save A QUESTION 4 In a written contract, Hogan agrees to sell Jason Kitchen cabinets and to deliver them before December 21. on October 17, Hogan tells jason that he will not sell him the cabinets. Which of the following can jason do in this situation? A He can sue Hogan for breach of contract, but must wait until December 21 to do so. B. He can sue Hogan for breach of contract immediately He can sue Hogan for breach of contract if he is unable to find another vendor by December 31 D.He cannot sue Hogan for breach of contract since Hogan served an advanced notice to Jason S points Save QUESTIONS Gerald orders 1,000 cupcakes from Haddock Bakers for a Christmas Eve party. However, Haddock fails to deliver the cupcakes as per the schedule mentioned in the contract, and does not send any notification to Gerald Gerald orders the cupcakes from Marones Coles that evening. This is an example of which of the following A Writ of replevin 8. Sue for specific performance Cover of a sales contract D. Seek adjustment S points SA QUESTION Samantha purchased a used computer system from Office Rental Inc who was updating its computer. Later ganasserted the ride to repossess the used computer system from Samantha since it had alien on all of omce Rental's business equipments that secured an unpaid loan. Samantha was unaware of this lin. What are Samantha's legal rights? A She can sue Oflice Rental for breach of warranty of title 8. She can claims that she was unaware of Office Rental's debt and hence B Bank cannot assertier She can continue to possess the computer system since she paid office Rental for it D. She can claim a refund from Office Rental but cannot bring a lawsuit against Office Rental or Bank 5 points Save Aswer QUESTION 1 Jess buys a microwave oven with a manufacturer's full one year warranty, If jess discovers that the microwave oven does not work properly during this time, the manufacturer is obligated to: A. charge less only for the cost of the parts replaced, not for the labor involved B. repair the microwave at a nominal cost to jess C. provide a pro-rata credit for the defective part of the microwave D. fix or replace the microwave for free. 5 points Save Answer QUESTION 2 are reasonable expenses that indirectly result from the breach, such as expenses incurred in stopping delivery of goods, transporting goods, and caring for goods after the buyer's breach A Compensatory damages B. Resale damages Punitive damages D. Incidental damages 5 points Save Answer QUESTION 3 is any written warranty that does not meet all of the requirements for a full warranty A. An express warranty B. A limited warranty C. An implied warranty D. A warranty of merchantability