Self Check Chapter 18 Quiz (WK6)

Self Check Chapter 18 Quiz (WK6) - Self Check Chapter 18...

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Self Check Chapter 18 Quiz (WK6) 1 The Uniform Commercial Code (UCC) imposes a duty of good faith in every  contract within its scope. A) True B) False 2 A party injured by another party's material breach still must perform under the  contract. A) True B) False 3 The parties to a contract may expressly provide in their contract that a specific  sum shall be recoverable if the contract is breached. A) True B) False 4 In a contract for Artois to sell Renee a custom designed couch, Renee's  obligation to pay is conditioned upon her personal satisfaction with the couch.  Although the couch completely meets the design, fabric, content and color  specifications, Renee just doesn't like it. Renee is not obligated to pay, because  the contract said that she must be personally satisfied, and a contract is a  contract. A) True B) False 5 Kyle promises to install granite countertops in the home at 6886 Ivy Street that  Caroline is purchasing "provided that the escrow on the sale of 6886 Ivy Street  closes." The close of escrow on the sale of 6886 Ivy Street is  a condition  precedent  to Kyle's promise. A) True B) False 6 When a breach of contract is serious, it is said to be: A) Immaterial. B) Injunctive. C) Retributive. D) Material
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7 Which of the following is  not  an equitable remedy? A)
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Self Check Chapter 18 Quiz (WK6) - Self Check Chapter 18...

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