Bul 3310 exam 2 questions - Study guides, Class notes & Summaries

BUL 3310 EXAM 2 QUESTIONS WITH REVISED ANSWERS Under the Code, parties may agree to modify the terms of an existing contract without providing new consideration. True False - Answer-True Todd bought a lawn tractor from LawnToysRus. The law that governs this sales contract is The Uniform Commercial Code The Convention on the International Sale of Goods State common law Federal common law - Answer-The Uniform Commercial Code An offeree is The person who makes an offer to form ...

BUL 3310 EXAM 2 QUESTIONS WITH ALL CORRECT ANSWERS A legal waiver and a legal renunciation - Answer-A legal benefit and a legal detriment Legal detriments always entail economic losses T/F - Answer-False Which of the following statements about nominal consideration is correct? a. Giving your siblings a quitclaim deed for your 1/8 share in your family home for $1 is an example of nominal consideration. b. Nominal consideration will support an enforceable contract. c. Nominal conside...

British Textile Manufacturer entered into a contract with Cotton Broker for 2,000 bales of cotton to be shipped from India to England on the ship "Peerless, sailing from Bombay." The contract was silent about the shipping date. Buyer expected the cotton to be shipped on the Peerless that sailed from Bombay in October; seller expected to ship the cotton on the Peerless that sailed from Bombay in December. By the time the second ship arrived in England, buyer had found another supplier and refus...

BUL 3310 EXAM 2 QUESTIONS WITH ALL CORRECT ANSWERS On Monday, Agnes bought and paid for a sofa from SofaStore. SofaStore offers free furniture delivery, but the first available delivery date was Thursday. On Wednesday the sofa was destroyed in a fire at SofaStore. Who bears the risk of loss? Agnes, because she had title to the sofa when it was destroyed. Agnes, because the sofa had already been identified to the contract Agnes, if her check had cleared; SofaStore, if the check had not ...

BUL 3310 Practice Quiz for Exam 2 (Solved) Questions Perfectly Answered To Score A+

BUL 3310 Exam 2 FSU Bailey Questions And Answers 20242025

BUL 3310 Practice Quiz for Exam 2 (Solved) Questions Perfectly Answered To Score A+

A person who uses a logo in an advertisement that is deceptively similar to that of another business commits the tort of false light. True False False What is the primary purpose of tort law? Punish wrongdoers Compensate victims for their losses Support society by fining wrongdoers Create precedents in the common law Compensate victims for their losses Master01 |Excellent Study Material| Latest update 1 | P a g e | © copyright Master01| Grade A+ The publication requirement for l...

Compensatory Damages Money imposed on defendant as compensation for plaintiff Punitive/Exemplary Damages Money damages to punish person with evil intent. May have some funds go to the state Respondeat Superior Employer responsible for employees Joint and Several Libaility Every group member is responsible for paying 100% damages Liability of Children - Under 7, no liability - 7-10, partial liability (depending on case) - 10-14, treated like adults Master01 |Excellent Study M...