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Which of the following situations does the seller have the right to cure a less than perfect tender of goods ? A) where the time
Which of the following situations does the seller have the right to cure a less than perfect tender of goods ? A) where the time for the performance under the contract has not yet expired B) after the time for performance has expired if the seller had reasonable grounds for believing the buyer would accept a nonconforming tender (Star-Kist vs Bumblebee) with or without money monetary adjustment C) where the buyer has revoked acceptance D) two of the above, A and B Howard stole a Peacock from Patsy and then sold it to his friend Ivan for $100. A) Ivan has good title to the Peacock, because he paid for it B) Ivan is liable for the tort of conversion C) Ivan has a no title to the Peacock D) Ivan has good title to the Peacock, because he is a good faith purchaser for value An express warranty may be created by : A) sellers act of choosing a given product for a buyer B) the buyers actions or words C) seller's description of the goods D) buyer's expectations A disclaimer is : A) A written portion of a warranty B) a negotiation (taking back) or dilution of a warranty that is otherwise expressly or impliedly given C) never available D) unconscionable with regard to warranties of title In the event that a seller refuses deliver conforming goods (which are scarce or unique) and the buyer really needs them, buyer's best choice of remedy would be: A) replevin B) specific performance C) injunction D) reformation In the event that a seller does not timely deliver, or fails to deliver at all, goods conforming to the deal, a prudent buyer knowing the UCC would most likely: A) cancel the contract B) obtain cover( substitute goods) and charge the breaching seller with the cost difference as well as incidental damages C) reclaim the goods D) sue for punitive damages
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