Quiz 3 (Module 5-6).pdf - 4/19/2018 Quiz 3 (Module 5-6):...

4/19/2018 Quiz 3 (Module 5-6): Nga Le
Quiz 3 (Module 5-6)
Due Apr 22 at 11:59pm Points 25 Questions 25
Available Apr 16 at 12am - Apr 22 at 11:59pm
7 days
Time Limit 50 Minutes
Instructions
Attempt History
Attempt Time Score
LATEST Attempt 1 50 minutes 20 out of 25
Correct answers will be available Apr 23 at 12am - Apr 25 at 12am.
Score for this quiz:
20
out of 25
Submitted Apr 16 at 5:27pm
This attempt took 50 minutes.
Quiz 3 contains questions from Chapters 17 - 24.
1 / 1 pts
Question 1
When a salesperson says, "Don't worry about all that little type on the
back of this form," it is an example of substantive unconscionability.
True
False
1/11
1 / 1 pts
Question 2
In a _____, the owner-debtor gives a security interest in collateral to a
creditor that allows the creditor to repossess the collateral if the owner
defaults.

4/19/2018 Quiz 3 (Module 5-6): Nga Le
secured transaction
sale
bailment
lease
0 / 1 pts
Question 3 Incorrect
Incorrect
Under the Code, an acceptance that varies from the offer
2/11
1 / 1 pts
Question 4
Entrustment is based on the general principle of _____.

4/19/2018 Quiz 3 (Module 5-6): Nga Le
3/11
conversion
vested rights