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Thinking Critically About the Law: 34-36
Case Analysis: 41
Chapter 17 Assessment Answers
Matching Key Terms
1. h 6. e
True/False Quiz
11. T 19. T
12. T 20. T
Discussion Questions
26. Depending on the goods, these seemingly incompatible goals might be resolved by both parties’
28. The benefit to the seller of goods sold with the right of return is that such an arrangement offers
29. The benefit of a sale on approval is that the buyer can test or otherwise use the goods prior to
30. It is advantageous for the seller to ship f.o.b. shipping point because if the goods are lost or
Thinking Critically About the Law
32. Yes, the buyer of labor and materials has the same legal protection as if it were in writing. This
Case Questions
37a. N
38a. Y
39a. Y
40a. Y
Case Analysis
41. Principle of law: The Uniform Commercial Code permits a buyer whose goods are not
42. Principle of law: The Uniform Commercial Code requirement that contracts for $500 or more
43. Principle of law: A contract for service is not covered by the Uniform Commercial Code.
Legal Research
44. As was pointed out in Chapter 12, contracts for the sale of personal property for $500 or more
45. Online auctions are conducted on the Internet and, unlike live auctions during which a buyer
BONUS ACTIVITIES
Assign students into pairs or ask students to choose a partner. Have each pair interview a local
Divide students into small groups, assign a local store to each group, and ask the groups to
