Module3, exam 2 BU573

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Emporia State University *

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573

Subject

Law

Date

Feb 20, 2024

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docx

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Uploaded by ksantiag

1. Although the UCC comprehensively covers commercial transactions, it does not deal with every aspect of commercial law. True False Question 2 4 / 4 pts The Uniform Commercial Code will not govern if the contract calls for the seller to sever crops, timber, or minerals from mining. True False Question 3 4 / 4 pts There is a significant difference between the common law and the Uniform Commercial Code on issues of duress, misrepresentation, undue influence, or mistake. True False Question 4 4 / 4 pts The Uniform Commercial Code assumes that rules applicable to professionals ought to apply to the inexperienced buyer or seller also. True False

Question 5 4/ 4 pts According to the Uniform Commercial Code, identification can be made at any time and in any manner explicated agreed to by the parties. True False Question 6 4 / 4 pts In a destination contract, the seller's obligation is to send the goods to the buyer, but not to a particular destination. True False Question 7 4 / 4 pts Under the Uniform Commercial Code, a person with a voidable title cannot transfer title to a good-faith purchaser for value. True False Incorrect Question 8 0 / 4 pts It the seller breaches the contract by proffering nonconforming goods, and the buyer rejects them, the nonconforming goods are in the buyer's hands. True False

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