Question 48 (1 point) Saved Listen Trade fixtures are treated as goods under the UCC. 1) True 2) False Question 52 (1 point) 4) Listen In terms of sale of goods transactions in the United States, which of the following is true regarding disclaimer of the warranty of merchantability? 1) The disclaimer must be in writing in order to be enforceable. O2) Some states require the term merchantability to be used in the disclaimer. O 3) The disclaimer may be made either orally or in writing. 4) The disclaimer must be in writing, and some states require the term merchantability to be used in the disclaimer. 5) The disclaimer may be made either orally or in writing, and some states require the term merchantability to be used in the disclaimer. Question 53 (1 point) Listen What does the Uniform Commercial Code provide for liquidated damages if the parties do not otherwise agree to them? 1) That the nonbreaching seller may claim against a breaching buyer 20 percent of the purchase price or $500, whichever is less, as liquidated damages. 2) That the nonbreaching seller may claim against a breaching buyer 20 percent of the purchase price or $500, whichever is more, as liquidated damages. 3) That the nonbreaching seller may claim against a breaching buyer 30 percent of the purchase price or $1,000, whichever is less, as liquidated damages. 4) That the nonbreaching seller may claim against a breaching buyer 30 percent of the purchase price or $1,000, whichever is more, as liquidated damages. 5) The Uniform Commercial Code does not establish an amount for liquidated damages if the parties do not otherwise agree to them