BUL 5810 CH. 21 TEST QUESTIONS WITH ALL ANSWERS REVISED AND UPDATED
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BUL 5810 CH. 21
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BUL 5810 CH. 21
BUL 5810 CH. 21 TEST QUESTIONS WITH ALL ANSWERS REVISED AND UPDATED
Which of the following is/are allowable under the CISG and could have made this contract easier to interpret? (3) - Answer-1. A choice of forum provision
2. A choice of law provision
3. A choice of language provision
If ...
BUL 5810 CH. 21 TEST QUESTIONS
WITH ALL ANSWERS REVISED AND
UPDATED
Which of the following is/are allowable under the CISG and could have made this
contract easier to interpret? (3) - Answer-1. A choice of forum provision
2. A choice of law provision
3. A choice of language provision
If the contract between Wizard Internet and the seller included both the computer
equipment and its installation, would the Article 2 of the UCC cover the agreement? -
Answer-A court would look to the "predominant factor" test to determine if the Article 2
of the UCC covered the contract.
Can there be a contract between Wizard Internet and the seller without an agreement
on the price? - Answer-Yes, under UCC contract laws.
Can there be a valid contract between Wizard Internet and the seller if the quantity of
the computer equipment was left open? - Answer-No, the contract would fail for
indefiniteness.
Suppose that Dr. Reilly owns a medical clinic and enters into a contract to buy 5,000
tablets of Gensol from Pharzime. Would Article 2 of the UCC cover the contract? -
Answer-Yes
Suppose that Dr. Reilly owns a medical clinic and enters into a contract to buy 5,000
tablets of Gensol from Pharzime. Part of the contract called for clinical staff from
Pharzime to deliver the medication to the patients at Dr. Reilly's clinic. Which of the
following is true? - Answer-The predominant factor test would be used to determine
whether the UCC would cover the contract.
Suppose that Dr. Reilly owns a medical clinic and enters into a contract to buy some
tablets of Gensol from Pharzime. Since Dr. Reilly does not know how many tablets he
will need, that contract states that Pharzime will supply the clinic with "as many tablets
as it needs." Which of the following is true about the contract? - Answer-It is a
requirements contract.
Gabe has agreed to buy Sarits's car, but the two have not agreed on the price. When
there is no agreement as to price in a contract for a sale of goods, what effect does it
have on the contract? - Answer-The price is a reasonable price at the time of delivery
Brown & Co enters into a contract with ATM Industries for the sale of 1,000 shirts at $6
per shirt. In order for Brown & Co to successfully sue ATM industries in the event of a
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