Chapter 12

How do Article 2 and Article 2A of the UCC differ?

• Article 2 covers real estate, and Article 2A covers goods

• Article 2 covers the sale of goods, while Article 2A covers leases of goods

• Article 2 covers all property sales, and Article 2A covers personal services

• There is no difference between them

What types of transactions does each article cover?

• Article 2 covers sales of services, and Article 2A covers business contracts

• Article 2 covers sales of tangible goods, while Article 2A covers leases of goods

• Article 2 covers all sales, including real estate, and Article 2A covers contracts with merchants

• Article 2 covers personal property, while Article 2A covers commercial transactions

Under the UCC, what happens if an offeree includes additional terms in an acceptance?

• The contract is automatically void

• The offeree's response is not considered an acceptance if it is conditioned on the offeror's assent to new terms

• The contract is enforceable, and the additional terms always become part of the agreement

• The contract must be renegotiated from the beginning

What is an exception to the perfect tender rule?

• A buyer must accept all goods regardless of defects

• If an unforeseen event makes performance extremely difficult, the seller may be excused

• The buyer can always reject goods for any reason

• The seller is required to replace all damaged goods, even if the buyer still wants them at a discount

The UCC requires a buyer or lessee to inspect goods before making payment, unless otherwise agreed.

• true

• false

An express warranty arises only when a seller provides a written guarantee.

• true

• false

A buyer or lessee can revoke acceptance at any time, even after a substantial change in the goods has occurred.

• true

• false