




Study with the several resources on Docsity
Earn points by helping other students or get them with a premium plan
Prepare for your exams
Study with the several resources on Docsity
Earn points to download
Earn points by helping other students or get them with a premium plan
Community
Ask the community for help and clear up your study doubts
Discover the best universities in your country according to Docsity users
Free resources
Download our free guides on studying techniques, anxiety management strategies, and thesis advice from Docsity tutors
Material Type: Notes; Class: Business Law; Subject: Business Administration; University: Fayetteville State University; Term: Unknown 2000;
Typology: Study notes
1 / 8
This page cannot be seen from the preview
Don't miss anything!
a. his salary for one season b. the value of a perfect knee less the value of his knee as it really is c. the value of a perfect knee d. nothing
a. incidental damages. b. compensatory damages. c. punitive damages. d. both A and B
a. a car. b. a construction contract. c. a piece of land. d. a computer.
a. yes, if Stan acted unreasonably b. yes, if Stan willfully broke the contract c. yes, if Stan maliciously broke the contract d. no
delivered. The market price of the bananas falls in the meantime to $1800. What type of damages are available to Mr. Tallyman in a breach of contract action?
a. compensatory damages b. punitive damages c. nominal damages d. both A and C
a. A party may never rescind a contract on his own. b. For rescission to occur, all parties must always agree to the rescission. c. A rescission can sometimes be done unilaterally. d. both A and B
a. nothing b. $ c. $ d. the painting
a. damages b. specific performance c. both A and B d. none of the above
a. specific performance b. damages c. either specific performance or damages, but not both d. both specific performance and damages in the same lawsuit
b. Al, a sporting goods store owner, sells his car. c. Al, a sporting goods store owner, sells his house. d. both A and B
a. 0 b. 1, c. the number of computers Computer City can sell in the next year d. a reasonable number of computers
a. A valid contract has been formed, and the cars must be waxed. b. A valid contract has been formed, and the cars need not be waxed. c. Bill's has rejected the original offer with a counteroffer. d. none of the above
a. A valid contract has been formed, and the car must be waxed. b. A valid contract has been formed, and the car need not be waxed. c. Bill has rejected the original offer with a counteroffer. d. none of the above
a. the common law b. federal statutes on trade and commerce c. the UCC d. executive orders
a. what country any dispute resolution will take place in b. what language any dispute resolution will be conducted in
c. what nation's laws will govern any disputes d. all of the above
a. The goods must be in existence. b. The goods must be identified as the specific goods designated in the contract. c. Both must apply. d. Neither need apply.
a. insure the goods b. recover from third parties who damage the goods c. both A and B d. none of the above
a. July 1 b. June 21 c. June 26 d. after the passage of a reasonable time
a. no duty b. the duty to deliver the goods to a carrier c. the duty to deliver the goods to a buyer's place of business d. the duty to deliver the goods to the buyer himself
a. yes, always b. yes, if she did not purchase it in good faith c. yes, if the check bounced before Diane bought the computer d. no, never
c. is not; is d. is not; is not
a. 499 pink shirts b. 500 red shirts c. both A and B d. none of the above
a. the seller's residence b. the seller's place of business c. the buyer's residence d. the buyer's place of business
a. could; may b. could; may not c. could not; may d. could not; may not
a. yes, and the seller must pay the extra costs b. yes, and the buyer pays the extra costs c. yes, and they will split the extra costs d. no, because it will breach the contract
a. an increase in costs to the seller b. a tornado that destroys the seller's inventory c. both A and B d. none of the above
a. Lou must acquire identical goods at his expense. b. Lou must acquire identical goods, but Ben will bear the costs. c. The parties are discharged from the contract. d. none of the above
a. Take the goods back and refuse to honor the contract. b. Demand cash immediately. c. Demand cash, provided he gives the buyer a reasonable time to acquire cash. d. Nothing--the seller must accept the credit card.
a. the buyer has agreed to a C.O.D. shipment. b. the buyer has not agreed to a C.O.D. shipment. c. it may be rejected in either situation. d. it may be rejected in neither situation.
a. The buyer signifies to the seller that the goods are conforming. b. The buyer, after a reasonable amount of time, does not reject the goods. c. both A and B d. none of the above