Business Law Ch6-10 MCQs Set 2

Business Law Ch6-10 MCQs Set 2

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What is an irrevocable offer under the Uniform Commerce Code?
Under the Uniform Commerce Code, name three things that are required to expressed in a sales contract to satisfy the statute of frauds?
The provisions of the Uniform Commerce Code were drafted with the goal of promoting the what of a sales contract?
Name two factors that may indicate the formation of a contract under Article 2?
When one who is regularly engaged int he sale of a particular type of good offers to hold open an offer to sell the goods with an explicit promise in writing, this is a?
Under the Uniform Commerce Code, name two things that are not required to be expressed in a sales contract to satisfy the statute of frauds?
The Uniform Commerce Code’s statute of frauds requires which of the following contracts to be in writing in order to be enforced?
Miami Beach Surf Shop sends a purchase order to Beach Wear Manufacturing for 500 pairs of “Extreme Board Shorts” bathing suits by December 1. Beach Wear sends back an acknowledgement letter that includes an arbitration clause in the event of a dispute. It the arbitration clause part of the contract?
Miami Beach Surf Shop sends a purchase order to Beach Wear Manufacturing for 500 pairs of “Extreme Board Shorts” bathing suits by December 1. The purchase order contains an arbitration clause. Beach Wear sends back an acknowledgement letter for the merchandise. What is included in the terms of the contract?
Miami Beach Surf Shop sends a purchase order to Beach Wear Manufacturing for 500 pairs of “Extreme Board Shorts” bathing suits by December 1. Beach Wear sends back an acknowledgement letter that includes an arbitration clause in the event of a dispute. Which of the following are the terms of the contract?
The legal rules in the UCC that determine which party in a sales contract bears the financial burden in the case the goods are destroyed in transit are referred to as:
The legal term for the right of ownership of a good is?
On January 2, Laila University (LU) signed an agreement to purchase 1,000 baseballs from Regional Sports Equipment (RSE), and the parties agree that it is a destination contract. RSE arranges for the baseballs to be placed with a local delivery company with instructions for delivery to LU. While en route to LU, the delivery truck is in an accident, and the baseballs are dstroyed. Who had title at the time of the accident?
Unless the parties agree otherwise, the UCC characterizes any agreement for the sale of goods and delivery as a what contract?
When one party in a contract for the sale of goods has reasonable grounds to believe that another party will not perform, the UCC provides that party with the right to demand what of performance?
On January 2, Laila University (LU) signed an agreement to purchase 1,000 baseballs from Regional Sport Equipment (RSE). RSE arranges for the baseballs to be placed with a local delivery company with instructions for delivery to LU. While en route to LU, the delivery truck is in an accident, and the baseballs are destroyed. The parties do not have any express agreement as to risk of loss. Who had title at the time of the accident?
On January 2, Laila University (LU) signed an agreement to purchase and pick up 1,000 baseballs from Regional sports Equipment (RSE). RSE arranges for the baseballs to be marked “Sold” and placed in the RSE warehouse for pickup by LU’s athletic department crew. Before the LU truck arrives, the baseballs are stolen from the warehouse. Who had title at the time of loss?
Buyer and seller enter into a contract that provides for delivery of goods at the buyer’s place of business. The contract stated, “Seller assumes all risk until goods are delivered at destination.” The parties have entered into a what contract?
T/F: The case of Mattison v. Johnston held that competition is not a valid excuse to break a restrictive covenant that was created to avoid just such practices and that inducing someone to break a restrictive covenant is tortious conduct
T/F: Ms. Bobbin, your ethics teacher, is a first year professor, just out of school and she is very tough and demanding. You’ve done poorly on the first two tests and you think it’s her fault. Someone tells you that she has a criminal past and without verification, you spread this allegation. In fact, Ms. Bobbin has been a model citizen and never broken the law. As a result of your actions, she is put on probation pending an investigation. She cannot sue for defamation because as a professor, she is a public figure and your conduct was intentional but not a careless disregard of the truth or with malice
T/F: Sally is walking her 6 month old baby in a stroller. Mark, a stranger, looks into the stroller and says, “Wow, that’s one ugly baby.” Sally is furious and sues Mark for intentional infliction of emotional distress. She will likely lose Business Law Ch6-10
T/F: Jimmy is annoyed because his neighbor’s dog is constantly barking. He intentionally walks up to the dog in his neighbor’s yard and viciously kicks it. Jimmy is guilty of battery
T/F: Because there is no general duty to act or assist others, a store is not liable should they wash a floor and fail to notify the public of the slippery condition and someone is injured. Stores do it as a convenience to customers but not due to a legal duty  Business Law Ch6-10
T/F: Mike is having coffee in a coffee house when he sees Jordan who is the dean of a Midwest business school. Mike used to teach at Jordan’s prior school and was considered a very valuable faculty member. They haven’t seen each other for years and Jordan has no idea what Mike has been doing or where he’s currently working. She tells him that she has a position for him if he’s interested. The next day Mike quits the university he’s under contract with and signs a contract with Jordan’s school. Jordan’s school can be sued for tortious interference with existing contractual relationship
T/F: Employers, in some states, enjoy an absolute privilege when giving employment refere