Sales Flashcards
1
Q
True or False
Article 2 of the UCC applies to the sales of goods while Common Law generally applies to contracts for services and real estate.
A
True
Article 2 of the UCC applies to the SALES OF GOODS while COMMON LAW generally applies to contracts for SERVICES AND REAL ESTATE.
2
Q
When is a firm offer created?
A
A firm offer is created when the offer is made by a merchant in a signed writing.
3
Q
True or False
Under the UCC, shipping nonconforming goods constitutes an acceptance.
A
True
Under the UCC, shipping nonconforming goods constitutes an acceptance.
