Question
The UCC stands for ______. Group of answer choices the Uniform Creditor's Code the Uniform Commercial Code the Universal Commercial Code Flag question: Question 2
The "UCC" stands for ______.
Group of answer choices
the Uniform Creditor's Code
the Uniform Commercial Code
the Universal Commercial Code
Flag question: Question 2
Question 2
1pts
To be characterized as a "good" the item of property must be tangible and _______.
Group of answer choices
movable
have monetary value
distinct and novel
Flag question: Question 3
Question 3
1pts
The UCC provides special rules for ______ in sales transactions.
Group of answer choices
sailors
merchants
none of the above are correct
sales representatives
Flag question: Question 4
Question 4
1pts
Contract law and sales law follow the exact same legal principles.
Group of answer choices
True
False
Flag question: Question 5
Question 5
1pts
What is the term describing a contract that is extremely unfair and one sided?
Group of answer choices
contractually unworthy
fraud in the inducement
ex facto nullifo
unconscionable
Flag question: Question 6
Question 6
1pts
A sellor or lessor has an obligation to ship or tender ________.
Group of answer choices
none of the above are correct
the corresponding warranty
goods ready for commerce
conforming goods
Flag question: Question 7
Question 7
1pts
The buyer or lessee has no right whatsoever to inspect the goods before purchase.
Group of answer choices
True
False
Flag question: Question 8
Question 8
1pts
A breach of warranty is essentially a breach of a __________.
Group of answer choices
promise
implied condition of the agreement
criminal statute
Flag question: Question 9
Question 9
1pts
In order to create a express warranty, a seller MUST use either 1) warrant or 2) guarantee.
Group of answer choices
True
False
Flag question: Question 10
Question 10
1pts
A warranty that is created by inference is called a _______.
Group of answer choices
implied warranty
express warranty
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