2-309 Flashcards
What does UCC stand for?
Uniform Commercial Code
Which part of the UCC addresses the issue of ‘Absence of Specific Time for Shipment or Delivery’?
UCC 2-309
True or False: UCC 2-309 allows a contract to be enforceable even if it does not specify a delivery time.
True
Fill in the blank: Under UCC 2-309, if no specific time is agreed upon, delivery must occur within a __________ time.
reasonable
What is the default time frame for shipment or delivery according to UCC 2-309?
A reasonable time
True or False: UCC 2-309 applies only to contracts involving goods.
True
What should parties do if they wish to modify the delivery schedule stipulated by UCC 2-309?
They should explicitly agree upon a delivery time in the contract.
Which of the following is NOT a factor in determining what constitutes a ‘reasonable time’ under UCC 2-309? A) Nature of the goods B) Market conditions C) Personal relationships
C) Personal relationships
In the absence of an agreed time for delivery, who has the burden of proving that a delivery time was reasonable?
The party seeking to enforce the contract.
What does UCC 2-309 imply about the delivery of goods if the contract is silent on the time of delivery?
It implies that the delivery should occur within a reasonable time frame.
True or False: UCC 2-309 allows for indefinite delivery periods.
False
What is meant by ‘reasonable time’ in the context of UCC 2-309?
A time period that is fair and appropriate under the circumstances of the transaction.
Fill in the blank: UCC 2-309 states that the time for shipment or delivery may be __________ by the parties’ agreement.
fixed
What must be considered when determining a ‘reasonable time’ for delivery under UCC 2-309?
Factors such as the nature of the goods, industry practices, and the specific circumstances of the transaction.
True or False: UCC 2-309 does not apply if the contract explicitly states a delivery time.
True
