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