Question 1

The UCC does not differ from the common law of contracts.

True

False

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Question 2

The UCC applies to sales of land.

True

False

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Question 3

If a Merchant's contract is governed by the UCC, the parties are not free to contract around any of the provisions of the UCC.

True

False

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Question 4

Under the UCC, an offer to sell goods must be complete in all respects, and may not include so called "open" terms.

True

False

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Question 5

Under the UCC, a merchant's firm offer is not enforceable unless there has been consideration exchanged for the offer.

True

False

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Question 6

Under the UCC, goods include

tangible and movable items

tangible and movable items, land and intangibles

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Question 7

Carl and Sara agree that Sara will buy computers from Carl. The contract provides that Sara will pay $100 per computer and Carl will have them ready in a week. The contract fails to specify how many computers Sara will buy.

The contract is unenforceable - a court will not supply the contract term quantity.

The contract is enforceable. A court will come up with a reasonable number of computers for Sara to buy.

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Question 8

Under the UCC, a shipment of non-conforming goods

may constitute both an acceptance and a breach

may constitute a counteroffer if the seller gives the buyer notice that the shipment is merely an accomodation

both of the above are true

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Question 9

Under the UCC, an acceptance can contain additional contract terms and still qualify as a valid acceptance.

True

False

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Question 10

Strict liability in product liability actions requires proof

that the product was in a defective condition when it was sold

that the product was unreasonably dangerous

that the seller of the product was at fault in making the product

All of the above

only a and b