Question 161 out of 1 pointsIf Chuck buys frozen cheese from Cheese Inc., then fails to inspect the cheese within a reasonable amount of time and does not reject the shipment, Chuck has accepted the shipment even if there is non-conformity. Question 171 out of 1 pointsIf a buyer does not receive goods by the contract deadline, remedies available include:
WorkfileContents.docx Question 18 1 out of 1 points If a contract does not provide for a time for inspection, the UCC allows inspection: Question 191 out of 1 pointsIn a "mixed contract," one involving a sale of both goods and services, thecourt will: Question 201 out of 1 pointsMany states prohibit a seller from disclaiming implied warranties in the sale of consumer goods. Question 211 out of 1 pointsMegan agrees to sell Nancy her Rolex watch but they do not specify a price. In such a case, the court would not enforce the agreement because all of the essential terms are not present. Question 220 out of 1 pointsNewt, a gun dealer, offers to sell a rare civil war musket to Rush, another dealer, for "$15,000, insurance and shipping paid by buyer." Rush responds, "I accept. Insurance and shipping costs divided equally betweenseller and buyer." The parties: Question 231 out of 1 pointsPrecision had a contract to supply Higgins, Co. with 500 medical instruments for delivery in three months. Several weeks later Higgins reads in the Wall Street Journalthat Precision has been sued for selling
WorkfileContents.docxdefective instruments. Higgins could: Question 241 out of 1 pointsSpicy & Hot, Inc. is interested in expanding its Mexican food restaurant into a Mexican food catering business. Spicy & Hot, Inc. buys a new delivery van from Van World. Spicy & Hot, Inc. is a buyer in the ordinary course of business when purchasing the van. Question 25 1 out of 1 points The UCC is federal legislation enacted by Congress.
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- Spring '14