he Statute of Frauds includes which of the following provisions?
he Statute of Frauds includes which of the following provisions?
| All contracts for the sale of goods costing $500 or more must be in writing. |
| The sale of specially manufactured goods must be in writing. |
| Lease contracts involving payments of $500 or more must be in writing. |
| All contracts for the sale of goods costing $1000 or more must be in writing. |
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Flag this QuestionQuestion 21Â pts The library orders 50 dozen chocolate chip cookies for an event. Due to a supply issue, the baker cannot get chocolate chips, so she makes 50 dozen oatmeal cookies instead. The library is notified about the change. The oatmeal cookies are considered a(n) ________ to the buyer.
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Flag this QuestionQuestion 31 pts Some version of Article 2 has been adopted in every state EXCEPT ________.
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Flag this QuestionQuestion 41 pts Which of the following is NOT one of the conditions which must be established to create an implied-in-fact contract?
| the defendant was given an opportunity to reject the property but failed to do so |
| the plaintiff expected to be paid by the defendant for the property or services provided |
| the defendant expected the property to be provided gratuitously |
| provision of property or services from the plaintiff to the defendant |
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Flag this QuestionQuestion 51Â pts A catering company was hired to bake a wedding cake to serve 250 guests. However, the cake they prepared was too small, only serving 100 guests. In this situation, a ________breach occurred.
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Flag this QuestionQuestion 61Â pts A roofing company finishes a job for the Miller family and gets paid. A few days later, the Millers determine that the wrong shingles were used; they had in fact ordered a higher quality material than what was used. This constitutes ________.
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Flag this QuestionQuestion 71Â pts
All of the following are true about the Uniform Commercial Code (UCC)Â EXCEPT________.
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it was developed by the National Conference of Commissioners on Uniform State Laws
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it was developed in response to the frustrations arising from trying to follow different business laws in each state
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Article 2 of the UCC concerns sales
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23 states have enacted all or part of the UCC as statutes
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Flag this QuestionQuestion 81Â pts A painter finishes the work he promised ahead of schedule and is paid for his services. This is an example of a ________ contract.
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Flag this QuestionQuestion 91Â pts Linda is hired by a family to be their nanny for the summer. However, right before she is due to start, Linda contacts the family to say she cannot work for them due to health problems. This constitutes ________.
| consequential repudiation |
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Flag this QuestionQuestion 101Â pts Much to the delight of her neighbor Carl, Maria contracts with a tree-removal service to cut down a dead tree in her front yard. The tree-removal service breaches the contract, and Maria sues them. Since Cal was a(n) ________ he has no grounds on which to sue the tree removal company himself.
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