6 - NR275.BUS.241.35.SP11 - ( [Spring 2011] BUS 241-35:...

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NR275.BUS.241.35.SP11 - ([Spring 2011] BUS 241-35: Business Law I) Assignments ... Module 4 Practice Test Review Test Submission: Module 4 Practice Test Review Test Submission: Module 4 Practice Test User Kristen M Ritch Submitted 3/5/11 5:06 PM Name Module 4 Practice Test Status Completed Score 0 out of 100 points Time Elapsed 5 seconds out of 2 hours and Instructions Question 1 BBQ, Inc., makes and sells grills to Grill Mart, a retailer, which sells one of the grills to Hope, a consumer. BBQ and Grill Mart include in their contracts a limitation on consequential damages for personal injuries arising from a breach of warranty. This is prima facie unconscionable with respect to Selected Answer: [None Given] Correct Answer: Hope only. 0 out of 2 points Question 2 Fact Pattern 12-1 Internet Cafes, Inc., contracts to buy all of its requirements for coffee, at a minimum of 1 million pounds per year, from Java Corporation for six years. After three years, Internet tells Java that it plans to sell its company to Kwik Eateries, Inc. Kwik refuses to assure Java that it will continue Internet's contract. Refer to Fact Pattern 12-1. Kwik's refusal constitutes Selected Answer: [None Given] Correct Answer: a repudiation of the contract. 0 out of 2 points Question 3 Hi-Tech Company contracts to sell fiber optic cable to Internet Services, Inc. Hi-Tech may bring an action to recover the purchase price and incidental damages if Internet Selected Answer: [None Given] Correct Answer: accepts the cable but does not pay for it. 0 out of 2 points Question 4 Double D Ranch and Esau enter into a contract on August 1 for the sale of 200 cattle. Esau cancels the contract ten days later. Double D is unable to sell the cattle to another buyer. Double D is entitled 0 out of 2 points NR275.BUS.241.35.SP ([Spring 2011] BUS 241-35: Business Law I) Announcements Assignments Course Documents Discussion Board My Grades Communication Tools Resources
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to Selected Answer: [None Given] Correct Answer: keep the cattle and recover the contract price from Esau. Question 5 If a contract specifies a certain carrier, a substitution of a different carrier for any reason breaches the contract. Selected Answer: [None Given] Correct Answer: False 0 out of 2 points Question 6 In contracts involving a carrier, a seller can complete performance only through a destination contract. Selected Answer: [None Given] Correct Answer: False 0 out of 2 points Question 7 Mineral Resource Company contracts to provide several manufacturers with tin. When a cartel of tin-producing countries suddenly embargoes future shipments of tin to Mineral Resource so that it cannot fulfill its contracts, the distributor Selected Answer: [None Given] Correct Answer: is excused from the performance of its contracts. 0 out of 2 points
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This note was uploaded on 03/16/2011 for the course BUS 241 taught by Professor Green during the Spring '11 term at New River Community College.

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6 - NR275.BUS.241.35.SP11 - ( [Spring 2011] BUS 241-35:...

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