QUESTION 9

1. Buyer has wrongfully repudiated the contract and Seller is reselling the goods at a public sale. Which of the following parties will be allowed to bid at a public auction?

A The buyer only

B The seller only

C Friends of the buyer only

D Buyer, seller, or friends of the buyer

QUESTION 10

1. Which of the following is NOT a duty that a merchant buyer owes to a seller who sends a nonconforming tender?

A The buyer must accept whatever part of the tender is conforming.

B At the seller's request, the buyer must detail in writing the goods' defects or nonconformities.

C The buyer must follow the seller's reasonable instructions for the disposition of the goods.

D The buyer must try to sell the goods for the seller's benefit if the goods are perishable or likely to decline in value rapidly.

QUESTION 11

1. Which of the following statements about an express warranty is true?

A The seller must have intended to make the express warranty.

B The warranty must be in writing.

C The words "express" or "warrants" must be used to create the warranty.

D The description of a product in a catalog will create express warranty.

QUESTION 12

1. A buyer who does NOT cover after a seller's breach may recover ______ damages from the seller.

A punitive

B consequential

C incidental

D no

QUESTION 13

1. Article 2A of the Code governs ______.

A leases of goods

B consignments

C sales of fixtures

D sales of securities