False and True:

Regular Contract Law does not apply to Sales Law.

In an "Option" Contract, the Buyer must always give consideration to the Seller in order to keep the offer open.

The Key to Risk of Loss (ROL) is determining who had actual physical possession of the good when the damage occurred to the good.

In a Sales Contract, acceptance of an offer can be shown by the conduct of the Seller.

A "Merchant" Seller can only sell one (1) item in the ordinary course of his/her business.

The "Implied Warranty of Fitness for a Particular Purpose" is not applicable if the Buyer relies on their own expertise to select the good.

All Sellers give the "Implied Warranty of Merchantability.

The "Parol Evidence Rule" is not applicable to Warranty Law.

The Law solely determines the issue of Risk of Loss (ROL) in a Contract.

The term F.O.B. always refers to a "Shipment" Contract.