BUS LAW 99553

subject Type Homework Help
subject Pages 5
subject Words 322
subject Authors Roger LeRoy Miller, William E. Hollowell

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Unless a contract provides otherwise, it is assumed to be a shipment contract.
A testator cannot revoke a will by burning it.
Criminal acts are prohibited only by federal government statutes.
The UETA covers only e-records and e-signatures relating to a transaction.
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When a document of title is required, title passes to a buyer when and where the
document is delivered.
Tender of delivery requires that the seller or lessor hold the goods at the buyer's or
lessee's disposal, but not that the goods be conforming.
A service mark distinguishes products used, or "put into service," by the government.
Before filing for bankruptcy, a consumer-debtor must receive credit counseling.
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The recipient of a negotiable instrument becomes a holder regardless of the form of the
transfer.
It is legally necessary to notify the obligor of any assignment of rights to a third party.
Self-defense is a defense to negligence.
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Pricing information cannot be a trade secret.
Any contract entered into with an unlicensed party is unenforceable.
In sales law, there is only one type of warranty of title.
A shrink-wrap agreement is an agreement whose terms are expressed inside a box in
which the goods are packaged.
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In a bailment, possession of the property is transferred to the bailee.

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