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1. Article 2 of the Uniform Commercial Code governs the sale of:

a. goods but only between merchants.

b. goods and the sale of services.

c. goods and the sale of services but only between merchants.

d. Goods

2. Which of the following contracts is NOT covered by article 2 of the UCC?

a. a contract by an automobile manufacturer with a public accounting firm in which the accounting firm will audit the manufactuere's financial books.

b. a contract by an automobile dealership with Sam for a new hybrid car.

c. a contract by an automobile manufacturer to buy 1000 brake liners from a supplier.

d. a contract by an automobile dealership with a municipal police department to provide five custom police cars.

3. Fila sends an order to Supersports Co. for 10 cases of baseballs. Supersports Co. promptly assembles the order and ships the goods.

a. There is no contract between Fila and Supersports Co. unless the price and shipping terms were included in Fila's order.

b. Supersports Co.'s act of shipping the order signifies Supersports Co.'s offer to sell the baseballs to Fila.

c. Supersports Co. can only accept Fila's offer in writing because this is a sale of goods.

d. Supersports Co.'s act of shipping the order signifies acceptance of Fila's offer to buy the baseballs.

4. Under the UCC, if an offeree modifies a written offer and the modification is not objected to by the offeror in a reasonable time, the modification:

a. becomes part of the contract.

b. serves to reject the offer.

c. is considered a counteroffer and cannot be enforced.

d. is unenforceable under the Statute of Frauds.

5· A seller can “cure” a defective tender by:

a. rejecting the shipment

b. covering in the market

c. tendering the conforming goods

d. allowing the buyer to sue for consequential damages

6. Your neighbor, Alma, sells cars for A-Plus Auto. If you agree to buy Alma’s home computer system for $200:

a. Alma is not a merchant in this sale because she does not ordinarily sell computers or have any special knowledge in this area.

b. you are considered a merchant because you are experienced in using computers.

c. you are considered a merchant because you are buying goods from a professional salesperson.

d. Alma is a merchant in this sale because she sells goods for a living.

Operation Management, Management Studies

  • Category:- Operation Management
  • Reference No.:- M92595310

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