12 - 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 5:13 PM Name Module 4 Practice Test Status Completed Score 0 out of 100 points Time Elapsed 32 seconds out of 2 hours and Instructions Question 1 No oral contract is enforceable under the UCC. Selected Answer: [None Given] Correct Answer: False 0 out of 2 points Question 2 Alaskan salmon that fill the hold of Bill and Carla's fishing boat are fungible if the salmon are Selected Answer: [None Given] Correct Answer: alike naturally or by agreement or trade usage. 0 out of 2 points Question 3 If a contract for a sale of goods does not include a quantity term, it is a requirements contract. Selected Answer: [None Given] Correct Answer: False 0 out of 2 points Question 4 Doctors Medical Clinic orders 1,000 bandages from Emergency Supplies Company but fails to specify the sizes. The bandages are delivered in an assortment of sizes. Doctors Medical Clinic may Selected Answer: [None Given] Correct Answer: accept only the bandages that it wants and reject the rest. 0 out of 2 points Question 5 Curtis enters into a contract with Drive-Away Lease Company for a three-year lease of a car. This contract is subject to Selected Answer: [None Given] Correct Answer: Article 2A of the UCC. 0 out of 2 points Question 6 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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Aromatic Tea Company and Savory Stores, Inc., enter into a contract for a sale of tea. The contract includes the term "F.O.B. Upriver City," which is Savory's location. This means that the contract is Selected Answer: [None Given] Correct Answer: a destination contract. Question 7 customers. Their contract will not be enforceable unless it includes Selected Answer: [None Given] Correct Answer: the quantity of the goods. 0 out of 2 points Question 8 The rules governing firm offers apply to all merchants. Selected Answer: [None Given] Correct Answer: True 0 out of 2 points Question 9 Over the course of a year, Real Deal Corporation sells appliances to customers to whom it extends credit. Real Deal orders the appliances from Superior Appliance Company's warehouse, from which the items are shipped via common carrier to Real Deal's customers. Article 2 of the UCC governs Selected Answer: [None Given] Correct Answer: all of the parties' sales of the goods. 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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12 - NR275.BUS.241.35.SP11 - ( [Spring 2011] BUS 241-35:...

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