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1.) Rescission would be allowed in a contract that involved:

a. exculpatory clauses

b. material

misrepresentation

c. puffing

d. scienter


2.) The Uniform Commercial Code was written by:

a. lawyers from Louisiana

b. The National Conference of Commissioners on Uniform State Law.

c. The American Law Institute

d. Both b and c


3.) The EU has:

a. nearly identical antitrust guidelines compared to the u.S.

b. adopted U.S antitrust laws.

c. its own set of antitrust laws; some have negatively affected U.S companies

d. its own set of antitrust laws; none of them have negatively affected U.S companies


4.) Garnishments:

a. are attachments of funds for executing a judgement

b. are not regulated by federal laws

c. can take up to 75 percent of debtor's wages

d. all of the above

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