Unlock document.
This document is partially blurred.
Unlock all pages and 1 million more documents.
Get Access
46.
(p. 505)
Which of the following are types of conditional contracts?
47.
(p. 505)
In a conditional sales contract, a contract is a ______ if the seller allows the buyer to take
possession of the goods before deciding whether to complete the contract by making the
purchase.
48.
(p. 505)
In a conditional sales contract, a contract is a ______ when the seller and buyer agree
that the buyer may return the goods at a later time.
49.
(p. 506)
Which of the following is true regarding actions a buyer may take if a seller does not
provide goods that were described in the contract?
50.
(p. 494)
Assuming that the car was stolen prior to delivery to ABC Motors and without the
knowledge of any representative of ABC Motors, what kind of title did ABC Motors have?
51.
(p. 494)
Assuming the car was stolen without any knowledge of ABC Motors, which of the
following is true regarding the manager's statement that Marcy has a good title?
52.
(p. 496)
What kind of title did Frank have?
53.
(p. 497)
What kind of title did Betty have?
54.
(p. 497)
What kind of title did Billy have?
55.
(p. 498)
Which of the following is a proper identifying term for Connie?
56.
(p. 498)
Which of the following is true regarding the manager's statement that Robby's only
recourse is against Connie?
57.
(p. 498)
Which of the following is true regarding Connie's rights to the car?
58.
(p. 502)
Which of the following is a type of contract that Ralph and Good Times Furniture entered
into?
59.
(p. 504)
What type of contract is presumed based upon the fact that the contract was ambiguous
regarding whether the seller had the duty to deliver the goods only to the common carrier's hands
or whether the seller had the duty to deliver the goods to Ralph's home?
60.
(p. 502-504)
Which of the following is true regarding the risk of loss at the time the goods
were damaged?
61.
(p. 494)
List and describe good title and void title, and give an example of when void title would
be passed.
62.
(p. 496-497)
Set forth the five situations under which a buyer gets only voidable title in a sale.
63.
(p. 500)
Belinda purchases a couch from Good Furniture Store to use in her home. She pays for
the couch, and the store agrees to deliver it. Unfortunately, on the way to her house, the vehicle
overheats and burns, destroying the truck and the couch inside. Belinda asks for a refund or
another couch. The store owner refuses on the basis that risk of loss had passed to Belinda.
What would be the result of a lawsuit between Belinda and Good Furniture Store under the
UCC?
64.
(p. 504)
Discuss when title and risk of loss pass to the buyer in a goods-in-bailment contract
when (a) the seller has a negotiable document of title (b) the seller has a nonnegotiable
document of title and (c) the seller has a contract or other instrument showing ownership that is
not a negotiable or nonnegotiable document of title.
65.
(p. 506)
What is the most common way a sales contract is breached? Discuss the available
remedies of a buyer in the event a seller does not provide goods described in the contract along
with UCC provisions regarding the consequences of a revocation of the contract.
