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Buisness law final

Authored by Casper Clark

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University

Used 2+ times

Buisness law final
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78 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What Article of the UCC governs the sale of goods?

Article 2

  Article 3

 

Article 1

  Article 5

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Article 2 governs personal property and real property. True or False?

False

  True

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Article 2A applies to the lease of goods. True or False?

True

  False

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Shipment of conforming goods may be used or communicated as acceptance. True or False?

True

  False

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A prompt shipment of nonconforming goods prompts both ___________ and ____________.

acceptance; breach

promise; accommodation

 

law; fines

 

fines; closure of business

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

he UCC requires no additional _________ which is different from common law.

consideration

  money

  writing

  contract

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is required for modification?

writing

  money

  phone call

  statute

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