Contract Formation - UCC and Common Law

Question 1

Generally, under the UCC § 2-201(1), a commercial transaction is legally invalid unless the transaction terms are sufficiently written.

Answer 1

False

Question 2

Generally, under the UCC § 2-201(1), a commercial transaction is invalid if the transaction terms are insufficiently written.

Answer 2

False

Question 3

Generally, under the UCC § 2-201(1), all enforceable sale-of-goods contracts must be sufficiently written and signed.

Answer 3

False

Question 4

Generally, the UCC § 2-201(1) governs the construction and interpretation of valid implied-in-fact, sale-of-goods contracts.

Answer 4

False

Question 5

Generally, the UCC § 2-201(1) governs the enforcement and interpretation of valid implied-in-law, sale-of-goods contracts.

Answer 5

False

Question 6

Generally, under the UCC § 2-201(1), valid oral, sale-of-goods contracts over $500 are enforceable.

Answer 6

False

Question 7

Generally, under the UCC § 2-204(1), valid implied-in-fact, sale-of-goods contracts are enforceable.

Answer 7

True

Question 8

Generally, under the UCC § 2-204(1), valid, implied-in-law, sale-of-goods contracts are enforceable.

Answer 8

True

Question 9

Generally, under the UCC § 2-204(1), valid oral, sale-of-goods contracts are enforceable.

Answer 9

True

Question 10

Generally, under the UCC § 2-204(1), a valid oral, $1,000 sale-of-goods contract is enforceable.

Answer 10

False

Question 11

Generally, under the UCC § 2-204(3), valid but indefinite implied-in-fact, sale-of-goods contracts are enforceable.

Answer 11

True

Question 12

Generally, under the UCC § 2-204(3), valid, but indefinite implied-in-law, sale-of-goods contracts are enforceable.

Answer 12

True

Question 13

Generally, under the UCC § 2-204(3), valid but indefinite oral, sale-of-goods contracts are enforceable.

Answer 13

True

Question 14

Generally, under the UCC § 2-201(1), a written sale-of-goods contract is unenforceable if certain certain negotiated terms are omitted in the writing.

Answer 14

False

Question 15

Generally, under the UCC § 2-201(1), a written sale-of-goods contract is enforceable even if certain negotiated terms are stated imperfectly

Answer 15

True

Question 16

Generally, under the common law and UCC § 2-204(1), a plaintiff has an identical burden — to establish a prima facie case and prove that a defendant breached a sale-of-goods contract.

Answer 16

True