with a check Corbin purchases a television from Duped Appliances LLC and in the amount of...
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with a check Corbin purchases a television from Duped Appliances LLC and in the amount of $500. Duped Appliances deposits Corbin's check but it is dishonored for insufficient funds. One week after purchasing the television, Corbin sells the television to Williston who has no knowledge of the dishonor of Corbin's check and pays Corbin $450 in cash. Duped Appliances brings an action against Corbin and Williston seeking $500 for the price of the television. What is the most likely outcome of Duped Appliance's action? раys A. Duped Appliances may recover from both Corbin and Williston because Corbin is deemed a "thief' under the UCC and a thief may never pass good title. B. Duped Appliances may recover only from Williston because Duped Appliance's only proper remedy against Corbin is to bring an action against him based on his dishonored check. C. Duped Appliances may not recover from Williston because Duped Appliances' only proper remedy against Williston is an action for replevin. D. Duped Appliances may not recover from Williston because he meets the requirements of a good faith purchaser for value. Random Farms LLC agrees to sell 5,000 pounds of seed corn to Corny Products, Inc. The parties' contract does not set forth any delivery terms. Under the UCC which of the following would be true about the parties' delivery obligations? A. Random Farms is obligated to deliver all the corn seed in a single delivery. B. Random Farms may deliver the corn seed in a reasonable number of individual deliveries apportioned in good faith over the term of the contract. C. Random Farms must deliver the corn seed to Corny Products' place of business. D. Random Farms must place put the corn seed into the possession of a carrier and bear the risk and expense of doing so. with a check Corbin purchases a television from Duped Appliances LLC and in the amount of $500. Duped Appliances deposits Corbin's check but it is dishonored for insufficient funds. One week after purchasing the television, Corbin sells the television to Williston who has no knowledge of the dishonor of Corbin's check and pays Corbin $450 in cash. Duped Appliances brings an action against Corbin and Williston seeking $500 for the price of the television. What is the most likely outcome of Duped Appliance's action? раys A. Duped Appliances may recover from both Corbin and Williston because Corbin is deemed a "thief' under the UCC and a thief may never pass good title. B. Duped Appliances may recover only from Williston because Duped Appliance's only proper remedy against Corbin is to bring an action against him based on his dishonored check. C. Duped Appliances may not recover from Williston because Duped Appliances' only proper remedy against Williston is an action for replevin. D. Duped Appliances may not recover from Williston because he meets the requirements of a good faith purchaser for value. Random Farms LLC agrees to sell 5,000 pounds of seed corn to Corny Products, Inc. The parties' contract does not set forth any delivery terms. Under the UCC which of the following would be true about the parties' delivery obligations? A. Random Farms is obligated to deliver all the corn seed in a single delivery. B. Random Farms may deliver the corn seed in a reasonable number of individual deliveries apportioned in good faith over the term of the contract. C. Random Farms must deliver the corn seed to Corny Products' place of business. D. Random Farms must place put the corn seed into the possession of a carrier and bear the risk and expense of doing so.
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Answer 1 D Duped appliances may not recover from Williston because he meets the requirements of a go... View the full answer
Related Book For
Principles of Risk Management and Insurance
ISBN: 978-0132992916
12th edition
Authors: George E. Rejda, Michael McNamara
Posted Date:
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