Introduction Flashcards
Under the UCC § 1-103(a), federal courts must construe the UCC-Article-2 conservatively when clarifying the laws governing totally integrated, sale-of-goods contracts.
False
Under the UCC § 1-103(a), state courts must construe the UCC-Article-2 conservatively to clarify state and federal commercial-transactions laws.
False
Under the UCC § 1-103(a), state and federal courts must construe the UCC-Article-2 liberally to simplify the common law which solely governs
totally integrated contracts.
False
Under the UCC § 1-103(a), federal courts must construe the UCC-Article-2 liberally to unify commercial-transactions laws across and within state
and federal jurisdictions.
True
Under the UCC § 1-103(a), the purpose of the UCC-Article-2 is to modernize state and federal rules which govern solely the interpretation of
totally integrated contracts
False
Under the UCC § 1-103(a), the purpose of the UCC-Article-2 is to modernize federal rules which govern commercial transactions.
True
Under the UCC § 1-103(a), state courts must construe the UCC-Article-2 liberally to unify sale-of-goods laws across and within international
jurisdictions.
False
Under the UCC § 1-103(a), state courts must construe the UCC-Article-2 liberally to unify sale-of-goods laws across and within state and federal
jurisdictions.
True
Under the UCC § 1-103(a), federal courts must construe the UCC-Article-2 liberally when attempting to modernize international commercialtransactions
rules.
False
Under the CISG-Art.2, buyers and sellers may fashion international saleof-goods contracts involving all types of goods.
False
Under the CISG, Art.2, buyers and sellers may fashion international saleof-services contracts involving all types of services
False
Generally, the UCC § 2-102 governs legal disputes involving “transactionsin goods” rather than disputes involving the “sale of goods
True
Generally, under the UCC § 2-102, the term “transactions in goods” has a broader legal meaning or scope of coverage than the phrase “sale of
goods.”
True
Generally, the UCC § 2-106 governs legal disputes involving “transactions in goods” as well as legal disputes involving “future sales contracts.”
True
Generally, the UCC-Article-2 governs disputes involving both the sale of goods and related services.
True