Exam 8: sales, licensing, and e-commerce

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Discuss how the UCC addresses the terms offer,acceptance,and consideration.Address in your answer the effect of "firm offers" as well as modifications to a contract under the UCC.

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Which of the following is not true under Magnuson-Moss Warranty Act?

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A contract is ________ if its terms are unduly harsh or oppressive or unreasonably favorable to one side.

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Most international sales of goods are governed by the Convention on Contracts for the International Sale of Goods.

(True/False)
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Explain the different types of warranties that exist under the UCC.

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Under the UCC,if only one party is a merchant,an acceptance containing additional terms

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UCC Section 2-319 expressly authorizes the buyer and seller to allocate the risk of ________ between them as they see fit.

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An express warranty is an explicit guarantee by the seller that the goods will never be defective.

(True/False)
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Procedural unconscionability is easier to prove in a commercial setting than when an individual consumer is involved.

(True/False)
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The UCC has adopted the "mirror image" rule.

(True/False)
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What are items of personal property that are attached to real property an cannot be removed without substantial damage called?

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Renee owns a small restaurant that sells hamburgers as one of its main attractions.She puts up a sign that says "Best Burgers in the County".Peter does an exhaustive investigation of all restaurants in the county and asks his friends to do the same.They all determine that actually a restaurant run by their friend Sam has the best burgers.Peter tells Renee that unless she take down her sign,he is going to sue her for breach of warranty and false advertising.Renee tells him that he had no cause of action.Who is correct?

(Multiple Choice)
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A contract for the sale of land is governed by Article 2 of the UCC.

(True/False)
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Which of the following will not create an express warranty under the UCC?

(Multiple Choice)
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Which of the following is not a type of warranty under the UCC?

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Under the UCC,the buyer may reject any or all of the goods if the goods fail to conform to the contract.

(True/False)
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Under the UCC statute of frauds,which of the following terms must be in a writing order to satisfy the statute?

(Multiple Choice)
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Under the UCC version of commercial impracticability,a failure to perform is a breach even if performance is made impractical by an event unforeseen by the contract.

(True/False)
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Which of the following is false regarding The Convention on Contracts for the International Sale of Goods?

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