Business

Which of the following is an example of an irrevocable offer?

Which of the following is an example of an irrevocable offer?

Which of the following is an example of an irrevocable offer?
A) counteroffer
B) gift promise
C) option contract
D) accommodation

This is for my business law class, anything will help

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Desolo

A computer program or an electronic or other automated means used independently

A computer program or an electronic or other automated means used independently

A computer program or an electronic or other automated means used independently to initiate an action or respond to electronic records or performances in whole or in part, without review or action by an individual, is known as ________.
A) elect

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Desolo

Article 5 of the UCC governs ________.

Article 5 of the UCC governs ________.

Article 5 of the UCC governs ________.
A) sales of intangible goods
B) finance leases
C) letters of credit
D) general provisions

This is for my business law class, anything will help

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Desolo

In which of the following can the Statute of Frauds be raised under common law o

In which of the following can the Statute of Frauds be raised under common law o

In which of the following can the Statute of Frauds be raised under common law of contract?
A) when a seller of specially manufactured goods has made commitments for procurement for an oral agreement
B) when the party against whom enforceme

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Desolo

Which of the following is true for terms to be expressed in a contract under the

Which of the following is true for terms to be expressed in a contract under the

Which of the following is true for terms to be expressed in a contract under the common law of contract?
A) Additional terms can be added during acceptance.
B) Additional terms can be added without consideration.
C) Gap-filling rules a

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Desolo

Which of the following acceptances is allowed for an offer under common law?

Which of the following acceptances is allowed for an offer under common law?

Which of the following acceptances is allowed for an offer under common law?
A) mirror image rule acceptance
B) open term acceptance
C) accommodation
D) additional terms acceptance

This is for my business law class, anyth

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Desolo

A ________ is a document that is issued by a bank on behalf of a buyer who purch

A ________ is a document that is issued by a bank on behalf of a buyer who purch

A ________ is a document that is issued by a bank on behalf of a buyer who purchases goods on credit from a seller that guarantees that if the buyer does not pay for the goods, then the bank will pay the seller.
A) remittance advice
B) cert

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Desolo

Which of the following documents did MetrosBank issue to Wurtherton to help Mira

Which of the following documents did MetrosBank issue to Wurtherton to help Mira

Which of the following documents did MetrosBank issue to Wurtherton to help Miranda Airways secure the airplane?
A) a bill of exchange
B) a proforma invoice
C) a letter of credit
D) a remittance advice

This is for my busi

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What is the nature of the contract between Miranda Airways and Wurtherton?

What is the nature of the contract between Miranda Airways and Wurtherton?

What is the nature of the contract between Miranda Airways and Wurtherton?
A) sale of goods
B) lease
C) counteroffer
D) option contract

This is for my business law class, anything will help

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Desolo

What UCC rule was applied when Miranda Airways agreed to the additional terms ac

What UCC rule was applied when Miranda Airways agreed to the additional terms ac

What UCC rule was applied when Miranda Airways agreed to the additional terms acceptance provided by Wurtherton?
A) firm offer rule
B) mirror image rule
C) battle of the forms rule
D) gap-filling rule

This is for my busin

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Desolo

What was the nature of the contract between Ralph and Stelwire?

What was the nature of the contract between Ralph and Stelwire?

What was the nature of the contract between Ralph and Stelwire?
A) counteroffer
B) open terms contract
C) option contract
D) lease contract

This is for my business law class, anything will help

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Desolo

Which of the following rules governs the execution of this contract?

Which of the following rules governs the execution of this contract?

Which of the following rules governs the execution of this contract?
A) firm offer rule
B) mirror image rule
C) battle of the forms rule
D) gap-filling rule

This is for my business law class, anything will help

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Desolo

What are the provisions for contracts with services under Article 2 of the UCC?

What are the provisions for contracts with services under Article 2 of the UCC?

What are the provisions for contracts with services under Article 2 of the UCC?

This is for my business law class, anything will help

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How does the UCC define the term 'merchant'?

How does the UCC define the term 'merchant'?

How does the UCC define the term 'merchant'?

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Desolo

Explain the 'open delivery' term.

Explain the 'open delivery' term.

Explain the 'open delivery' term.

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Desolo

What are the methods and manners of acceptance as defined by the UCC?

What are the methods and manners of acceptance as defined by the UCC?

What are the methods and manners of acceptance as defined by the UCC?

This is for my business law class, anything will help

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Desolo

What are the different terms used in electronic contracting?

What are the different terms used in electronic contracting?

What are the different terms used in electronic contracting?

This is for my business law class, anything will help

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Desolo

What kinds of goods are termed as future goods?

What kinds of goods are termed as future goods?

What kinds of goods are termed as future goods?
A) goods that exist but are to be sold at a future date
B) goods that are not yet in existence
C) goods that can be sold partly in the present and partly at a later date
D) goods tha

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smacaspa

Which of the following contracts is an example of future goods?

Which of the following contracts is an example of future goods?

Which of the following contracts is an example of future goods?
A) an option contract for a real estate property
B) a contract to buy a car from a dealer
C) a preordered video game
D) a contract to sell a newborn animal

T

Desolo   378   2 Replies

Desolo

In a finance lease contract, the title to goods is passed from ________.

In a finance lease contract, the title to goods is passed from ________.

In a finance lease contract, the title to goods is passed from ________.
A) lessor to lessee
B) supplier to lessor
C) supplier to lessee
D) lessee to lessor

This is for my business law class, anything will help

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Desolo

The term ________ refers to the legal, tangible evidence of ownership of goods.

The term ________ refers to the legal, tangible evidence of ownership of goods.

The term ________ refers to the legal, tangible evidence of ownership of goods.
A) tenure
B) title
C) possession
D) pledge

This is for my business law class, anything will help

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Desolo

In a shipment contract, when is the title to the goods considered to have passed

In a shipment contract, when is the title to the goods considered to have passed

In a shipment contract, when is the title to the goods considered to have passed to the buyer?
A) when the seller makes the offer to the buyer
B) when the seller hands over the goods to the common carrier
C) when the seller tenders del

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Desolo

In a destination contract, when is the title to the goods considered to have pas

In a destination contract, when is the title to the goods considered to have pas

In a destination contract, when is the title to the goods considered to have passed to the buyer?
A) when the buyer specifies a specific destination in the sales contract
B) when the seller tenders delivery of the goods at the specified des

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Desolo

A(n) ________ is an actual piece of paper, such as a warehouse receipt or bill o

A(n) ________ is an actual piece of paper, such as a warehouse receipt or bill o

A(n) ________ is an actual piece of paper, such as a warehouse receipt or bill of lading, which is required in some transactions of pickup and delivery of sold goods.
A) destination contract
B) letter of credit
C) document of title

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Desolo

Which of the following is true for the passage of title in a contract requiring

Which of the following is true for the passage of title in a contract requiring

Which of the following is true for the passage of title in a contract requiring a document of title?
A) The title passes when the shipping arrangements are made.
B) The title passes at the time and place of contracting.
C) The title pa

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Desolo

Which of the following is an example of delivery of goods without moving them? A

Which of the following is an example of delivery of goods without moving them? A

Which of the following is an example of delivery of goods without moving them?
A) a contract requiring a document of title
B) a shipment contract
C) a destination contract
D) a contract with the term ex-ship

This is for m

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Desolo

Thomas signed a sales contract with Bricklay's, a firm that supplies bricks for

Thomas signed a sales contract with Bricklay's, a firm that supplies bricks for

Thomas signed a sales contract with Bricklay's, a firm that supplies bricks for private individuals. The contract specified the type and amount of bricks needed, and that Thomas would pick up the bricks from the Bricklay's warehouse 15 days

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nikolaibhs3

Nebula Crystals, a firm in New York that manufactures crystal figurines, was con

Nebula Crystals, a firm in New York that manufactures crystal figurines, was con

Nebula Crystals, a firm in New York that manufactures crystal figurines, was contracted by Ruth from Florida to deliver a thousand such crystal figurines. The contract required the firm to deliver and tender the goods alongside the vessel SS Dew Expr

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Desolo

________ is a shipping term in a contract that requires the seller to bear the e

________ is a shipping term in a contract that requires the seller to bear the e

________ is a shipping term in a contract that requires the seller to bear the expense and risk of loss until the goods are unloaded from the ship at its port of destination.
A) Ex-ship
B) No-sale, no arrival
C) Free on board point of

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Desolo

Which of the following is true for the shipping term free on board point of ship

Which of the following is true for the shipping term free on board point of ship

Which of the following is true for the shipping term free on board point of shipment?
A) It requires the seller to bear the expense and risk of loss until the goods are tendered to the buyer at the place of destination.
B) It refers to a pr

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Desolo

Which of the following is true of a contract with the no-arrival, no-sale term?

Which of the following is true of a contract with the no-arrival, no-sale term?

Which of the following is true of a contract with the no-arrival, no-sale term?
A) The buyer bears shipping costs and the risk of loss during transport.
B) The seller does not have to deliver replacement goods to the buyer in case of damage

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Hamad AD

How are the shipping terms C.I.F. and F.O.B. point of shipment similar to each o

How are the shipping terms C.I.F. and F.O.B. point of shipment similar to each o

How are the shipping terms C.I.F. and F.O.B. point of shipment similar to each other?
A) Both require the seller to bear the expense and risk of loss until the goods are tendered to the buyer at the place of destination.
B) Both require the

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Desolo

Which of the following parties to a shipping contract bears the risk of loss of

Which of the following parties to a shipping contract bears the risk of loss of

Which of the following parties to a shipping contract bears the risk of loss of goods during transport?
A) the seller
B) the carrier
C) the buyer
D) the seller and the carrier

This is for my business law class, anything w

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Desolo

The ________ bears the risk of loss during transportation in a destination contr

The ________ bears the risk of loss during transportation in a destination contr

The ________ bears the risk of loss during transportation in a destination contract.
A) buyer
B) seller
C) carrier
D) shipper

This is for my business law class, anything will help

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Desolo

Which of the following would contain the term "no-arrival, no-sale" in their con

Which of the following would contain the term "no-arrival, no-sale" in their con

Which of the following would contain the term "no-arrival, no-sale" in their contract?
A) shipment contract
B) destination contract
C) a contract to sell real estate
D) consignment contract

This is for my busine

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Hamad AD

Larry, a merchant seller, had contracted with Simon, to buy welding equipments.

Larry, a merchant seller, had contracted with Simon, to buy welding equipments.

Larry, a merchant seller, had contracted with Simon, to buy welding equipments. The contract stipulated that Larry would pick up the equipments from Simon's warehouse on the 14th day from the date of the contract. But Larry could not make the pi

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Desolo

Which of the following is true of a destination contract containing a "no-arriva

Which of the following is true of a destination contract containing a "no-arriva

Which of the following is true of a destination contract containing a "no-arrival, no-sale" clause?
A) The seller is required to bear the expense and risk during transportation.
B) The seller is required to replace any goods lost

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Desolo

A holder of goods who is not a seller or a buyer is referred to as a(n) ________

A holder of goods who is not a seller or a buyer is referred to as a(n) ________

A holder of goods who is not a seller or a buyer is referred to as a(n) ________.
A) consignor
B) broker
C) bailee
D) consignee

This is for my business law class, anything will help

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Desolo

According to the UCC, which of the following parties holds the risk of loss for

According to the UCC, which of the following parties holds the risk of loss for

According to the UCC, which of the following parties holds the risk of loss for the damage caused to the car?
A) The risk is to be borne by Kenneth.
B) Mr. Henderson has to take up the loss.
C) Quartent Cars must take the risk of loss.

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Desolo

What role does Mr. Henderson fulfill in the contract?

What role does Mr. Henderson fulfill in the contract?

What role does Mr. Henderson fulfill in the contract?
A) the seller
B) the consignee
C) the bailee
D) the supplier

This is for my business law class, anything will help

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