Chapter 21 HW

Laws regarding the sale of goods are found in Article _______ of the UCC.

2

For contracts involving a sale of automobiles, which of the following individuals will be held to a higher standard of behavior under the Uniform Commercial Code (UCC)?

A dealer of pre-owned cars.

All but which of the following qualifies as a good under the Uniform Commercial Code (UCC)?

Clay removed from real estate Trade fixtures Crops harvested from land Land [Correct]

Article 2A of the Uniform Commercial Code (UCC) governs which of the following areas?

Contracts for the lease of goods

All but which of the following items is treated as a good under the UCC?

Grains in the field Minerals or clay removed by the owner of the land Minerals or clay removed by the purchaser [Correct] Items attached to business realty

Which of the following statements is true of a consumer lease?

It is a lease that exists between a lessor regularly engaged in the business of leasing or selling and a lessee who leases the goods primarily for personal purpose.

Under Article 2 and Article 2A, the Uniform Commercial Code (UCC) may uphold a contract even though certain material terms of the contract may have left _______.

Open

Under the Uniform Commercial Code (UCC), if a contract for the sale or lease of goods is silent about the place for delivery, the:

goods are to be delivered at the seller's place of business.

Under the Uniform Commercial Code (UCC), when a contract for the sale or lease of goods is silent about the payment, the:

payment is due at the time and place at which the buyer is to receive the goods.

A sale consists of the passing of the _______ from the seller to the buyer for a price.

title