A contract in which ownership of (title to) goods transfers immediately from the seller to the buyer for a price is a contract to sell.

When parties exchange goods for goods, the sale is a barter

The Uniform Commercial Code governs sales of goods and contracts to sell goods in the future

By UCC definition, all money and tangible (touchable), movable, personal property are goods.

The bill of sale is absolute proof of ownership

Contracts of adhesion are more likely to be unconscionable

When ownership transfers from one party to another, so do benefits and burdens.

Consideration for a sale or contract to sell goods may be expressed in

According to the UCC, goods do not include,

Acceptance of goods occurs when

When payment for goods takes place at a later date, the transfer of title takes place when

Unconscionable contracts are

Ownership of goods does not exempt one from

What usually governs the sales of goods

According to Uniform Commercial Code definition, which of the following would not be considered a good

Lewis manufactures hand-made wooden baby chairs, while Doyle manufactures small wooden children's desks. The two enter into an agreement in which they exchange goods for goods. This type of sale is known as a(n)

Roger offers to sell three of his full-bred dachshunds for $200 a piece to his neighbor, Bob. Bob gives Roger $600 and ownership of these dogs is immediately transferred to Bob. This contract or transaction is known as a(n)

Movable , touchable, personal property such as a file cabinet, desk, or carpet is known as a(n)

A contract or clause within a contract that is grossly unfair and oppressive is said to be

Teachers: Create FREE classroom games with your questions Click for more info!
©2007-2024 Review Game Zone | About | Privacy | Contact | Terms | Site Map