Business Law Final 101 - 227 flashcards | Quizlet

Business Law Final 101 - 227 flashcards | Quizlet -...

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1/3/15 1:45 AM Business Law Final 101 - 227 flashcards | Quizlet Page 1 of 14 Ready to study? Start with Flashcards Business Law Final 101 - 227 127 terms by Anders_Flo 101. _____ A seller's statement that "this is a terrific used car" generally creates an express warranty. F 102. _____ A buyer from a thief can acquire title to the goods as a good faith purchaser. F 103. _____ A contract for the sale of goods must include a price to be enforceable under the UCC. F 104. _____ In ordinary sales transactions, the warranty of title can be disclaimed or modified only by specific language in a contract. T 105. _____ Implied warranties of merchantability can never be disclaimed. F 106. _____ According to the UCC, unless otherwise specified or agreed upon, all goods in a contract must be rendered in a single delivery. T 107. _____ The UCC, not common law, covers the sale of real estate and services. F 108. _____ When an offer governed by the UCC does not specify a means of acceptance, it can be accepted by any means reasonable under the circumstances. T 109. _____ The UCC always governs breach of contract cases involving a combination of services and tangible movable goods. F
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1/3/15 1:45 AM Business Law Final 101 - 227 flashcards | Quizlet Page 2 of 14 110. _____ In order to be liable for negligence a person must have owed a duty of care to the plaintiff. T 111. _____ Tim and his friend are playing catch in the back yard when Tim suddenly throws the ball over the fence into the neighbor's yard where it breaks a window. This is trespass to real property, even if Tim himself does not go onto the property to get the ball. T 112. _____ Truth is a complete defense to defamation. T 113. _____ Arthur offers Bob, an employee of Carl, a job with his company at a yearly salary of $10,000 more than Bob receives under the contractual relationship between Bob and Carl. Arthur knows about the contract between Bob and Carl and knows that the contract should run for another five years, but Arthur wants Bob to work for him. Arthur probably is liable to Carl for intentional interference with contractual relations. T 114. _____ The same act can never be both a tort and a crime. F 115. _____ Because he's a good friend, and has known Hilda a long time, Scott fixes Hilda's car as a surprise for her birthday. When Hilda sees it, she is so happy, she promises to give Scott $1000 the following week for doing the work. He gratefully accepts. A court would likely find that: 1) this promise to be supported by valid consideration; and 2) Hilda's promise to pay $1000 is enforceable as a contract. F
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1/3/15 1:45 AM Business Law Final 101 - 227 flashcards | Quizlet Page 3 of 14 116. _____ One distinction between nuisance and trespass to land is that trespass to land involves intrusions by human beings, while nuisance involves intrusions by other forces.
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