Business Law Chapter 22
Any use of delivered goods by the buyer—even for the limited purpose of testing them—constitutes acceptance.
False
Commercial impracticability arises only when the parties—at the time the contract was made—had reason to foresee a certain event that could make performance "impracticable."
False
If, before the time for contract performance, one party communicates an intent not to perform, the other party can only wait to see if the repudiating party will decide to perform.
False
Tender can occur at any hour—for example, 2 A.M.—and in any manner—such as by a phone call to the buyer, allowing "fifteen minutes to pick up the goods."
False
When the time for performance under a contract expires, the right to cure also expires.
False
If a party to a contract has reasonable grounds to believe that the other party will not perform, he or she can demand in writing assurance of performance.
True
If contracting parties agree that defective goods will not be rejected if the seller or lessor can repair or replace them within a reasonable period of time, the perfect tender rule does not apply.
True
The obligation of commercial reasonableness underlies every sales and lease contract.
True
Under the perfect tender rule, a buyer or lessee has the right to insist on goods that conform to their contract in every detail.
True
Under shipment contract for the sale of a certain quantity of solar panels, the seller is required to deliver conforming goods at a particular destination.
False
Under the UCC, because a contract for the sale of six display counters does not designate where the goods will be delivered, the place of delivery is the buyer's place of business.
False
Under the UCC, good faith can never be disclaimed.
False
A buyer will be deemed to have accepted delivered goods if, after a reasonable opportunity to inspect the goods, the buyer does not reject them.
True
A seller who tenders nonconforming goods with a price allowance has reasonable grounds to believe that the buyer will accept the tender.
True
If a buyer wrongfully refuses to accept the goods, the seller can bring an action for damages equal to the difference between the contract and market prices at the time and place of tender.
True
