Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

QUESTION 24 The UCC's good faith provision O a in the case of a merchant means honesty in fact O b. in the case of

image text in transcribed
QUESTION 24 The UCC's good faith provision O a in the case of a merchant means honesty in fact O b. in the case of a merchant means honesty in fact plus the observance of reasonable commercial standards O C can be disclaimed through agreed upon contract provision o d. Both b and c are correct QUESTION 25 f a contract contains elements of both a service and a good O a The UCc says such a contract is always considered a sale of a good and thus subject to the UCC o b. The UCC says such a contract is always considered a service and thus not subject to the UCC O C. The UCC says such a contract wil be decided by applying the Predominant Thrust Test o d The UCC sars sucha contract will be decided by applyng the Performance Tendered Test QUESTION 26 On june 1, Beckham Regional Ford L.C, a Ford dealership, offered to sell a 2016 Ford Mustang for $30,000 to EB. Beckham signs a written assurance to keep that offer open to EN until july 15. On july 6, Beckham sold the car to another more for another Mustang, Eli sues Beckham for $3000 buyer. On July 15, En tenders $30,000 to Beckham for the car. Because Beckham sold the car and Elil had to pay $3000 a. Because Eli did not give consideration for the promise to keep the offer open. Beckham will win b. Because 30 days has passed. Beckham will wn OC Because Elilis not a merchant, Beckham will win. o d. This is a firm offer and Beckham will lose

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Visual Auditory And Kinesthetic Self Audit Communication And Learning Profiles

Authors: Brian Everard Walsh, Ronald Willard, Astrid Whiting

1st Edition

098666555X, 978-0986665554

More Books

Students also viewed these Accounting questions

Question

What is human nature?

Answered: 1 week ago