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Rollins received and approved of a contract the terms of which were written on both sides of paper so thin that the writing on one
Rollins received and approved of a contract the terms of which were written on both sides of paper so thin that the writing on one side "bled through" the other: it was very difficult to read. What is the likely result?
a The contract is substantively unconscionable under the Code.
b There is no contract.
c This is an example of substantial unfaimess.
d A court would be required to declare the agreement void.
e A court could refuse to enforce the contract, enforce only parts of it or limit its application.
A clause in a finance lease requiring the lessee to continue to make payments to the lessor even though the equipment leased is unsuitable, defective, or destroyed is called a clause.
a unwitting
b salutary
c hell or high water
d flying pigs
e pie in the sky
Colleen telephoned an offcampus computer store and ordered five flash drives at $ apiece. Later that day she observed that they were a very good buy; she called the store the next day to order of them for resale to her dormmates at a slight profit Which is true?
a The modification is void for lack of consideration.
b The modified agreement is unenforceable.
c The changed agreement is entirely enforceable.
d The modified contract is void.
e Collins would be considered a merchant and no writing between her and the store is needed.
An express warranty does not have to be set out in words, orally or in writing.
a True
b False
Both the warranty of merchantability and of fitness for a particular purpose apply only to sales made by merchants.
a True
b False
An implied warranty is created whenever the seller affirms that the product will perform in a certain manner.
a True
b False
Strict liability is liability without proof of negligence and without privity.
a True
b False
In a typical productsliability case
a three legal theories are assented two contract theories and one tort theory
b the contract theory is negligence, governed by the common law
c the contract theory of negligence is governed by the Uniform Commercial Code
d the strict products policy is considered a contract theory
e the tort theories are govemed by the common law
BUS C FIN B Kim TV
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