chapter 9 Flashcards
Article 2 of the Uniform Commercial Code applies to all contracts for the sale of goods.
True or false?
true
In a contract involving elements of both goods and services, a court will determine whether Article 2 of the Uniform Commercial Code (UCC) applies by:
Multiple Choice
applying the strict scrutiny test to the contract.
asking if the contract is barred by public policy.
applying the intermediate scrutiny test to the contract.
asking which element predominates in the contract.
asking which element predominates in the contract.
Which of the following is false regarding the CISG?
Multiple Choice
The CISG applies only to commercial sales of goods.
The CISG applies in all countries.
The CISG generally requires that acceptance be a mirror image of the offer.
All parties must be merchants under the CISG.
The CISG applies in all countries.
Not all agreements are contracts.
true or false
true
Amy owns “We Mow Yards.” One of her employees, Sam, mistakenly mows the yard of Alice instead of the yard of customer Will, who was Alice’s neighbor. Alice was home at the time, saw what was going on, but said nothing. Does Alice owe anything to Amy, and if so, why?
Multiple Choice
Alice owes Amy an amount set by the court representing the reasonable value of the benefit received under a quasi contract theory.
Alice owes Amy an amount set by the court representing the reasonable value of the benefit received under the theory of promissory estoppel.
Alice owes Amy whatever the contract amount was that Amy had with Will under a quasi contract theory.
Alice owes Amy whatever the contract amount was that Amy had with Will under the theory of promissory estoppel.
Alice owes Amy an amount set by the court representing the reasonable value of the benefit received under a quasi contract theory.
Tangible, movable personal property is/are:
Multiple Choice
Services
Land
Goods
Securities
Goods
Article 2 of the UCC applies to the sale of goods.
true or false
true
If Alfredo, a minor, buys a used car from “Good Carma” Used Cars, the parties have a void contract.
true or false
false
A contract where all of the parties have performed their duties under the contract is:
Multiple Choice
Executed
Express
Implied
Executory
Executed
Contracts for the sale of real estate must be in writing to be enforceable.
true or false
true
The contracts students enter into with a bookstore to buy books are governed by the U.C.C.
true or false
true
Sandy owns a sandwich shop and offers a free sandwich to any customer who shows receipts for the purchase of ten sandwiches. Ben shows the required receipts and requests a free sandwich. Sandy agrees and provides him with a sandwich. This is an example of what type of contract, if any?
Multiple Choice
A bilateral, executory contract
A bilateral, executed contract
A unilateral, executed contract
This type of transaction does not involve a contract.
A unilateral, executed contract
Written evidence of some kinds of contracts is required.
true or false
true
All promises are contracts.
true or false
false
A promise for performance is known as a:
Multiple Choice
Bilateral contract
Express contract
Implied contract
Unilateral contract
Unilateral contract