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True or False Quiz
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1
Alan contracts to pay $100 per month for three years to purchase a television with a fair market value of $900. The contract is unconscionable.
A)True
B)False
2
Jane must offer to pay for goods that Jo holds under terms of the contract in order to sue Jo for breach of contract when Jo refuses to deliver the goods
A)True
B)False
3
A seller must accept a certified check, cashiers check, or money in exchange for goods.
A)True
B)False
4
When 100 cases of goods are delivered to Fatima and 10 cases prove to be defective, Fatima must accept all 100 cases or reject all 100 cases
A)True
B)False
5
DeThomas notifies the seller, Jordan, that goods shipped to DeThomas are defective. Jordan must give DeThomas instructions about the disposition of the goods within a reasonable period of time.
A)True
B)False
6
Omar does not have the "red widgets" in stock that the contract with Bradley calls for and ships Bradly "green widgets" reasonably believing that "green widgets" would be acceptable. If Bradly objects to "green widgets" and the delivery time has expired, Bradley loses to right to cure
A)True
B)False
7
Carla orders National Transportation Co. to stop a delivery of goods to Frank, a buyer. National has no liability to Frank if it obeys Carla's instructions.
A)True
B)False
8
Incidental damages are those that indirectly result from a breach of contract.
A)True
B)False
9
A seller sends the wrong goods to a buyer who may decide to keep the goods and request an adjustment in the price.
A)True
B)False
10
The typical UCC statute of limitations is four years.
A)True
B)False





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