42. In a contract involving elements of both goods and services, a court will determine whether Article 2 of
the UCC applies by:
A.asking which element predominates.
B.balancing the need to apply a uniform standard with the interest of justice.
C.asking if the contract is barred by public policy.
D.none of the above.
43. A promise exchanged for a promise is an example of:
A.a bilateral contract.
B.a unilateral contract.
C.an implied contract.
D.promissory estoppel.
44. A contract that has been fully performed, is an executory contract.
True False
45. The UCC:
A.is more concerned with rewarding people's expectations than with technical rules.
B.requires contract for the sale of goods more than $500 to be in writing.
C.applies to consumer transactions.
D.all of the above.
47. Article 2 of the U.C.C. applies to the sale of:
A.goods.
B.real estate.
C.information.
D.all of the above
2007-11-30
09:44:58
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6 answers
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asked by
boyg
1
in
Politics & Government
➔ Law & Ethics