BUSI 4350- Chapter 23 Exam With
Complete Solutions
Moon, a farmer, needs to install a two thousand-pound piece of equipment in his
barn. This will require lifting the equipment thirty feet up into a hayloft. Moon
goes to Davidson Hardware and tells the sales clerk that he needs, "some heavy
duty rope to be used on my farm." The clerk recommends a one-inch-thick nylon
rope, and Moon purchases two hundred feet of it. Moon ties the rope around the
piece of equipment, puts the rope through a pulley, and with a tractor, lifts the
equipment off the ground. The rope suddenly breaks and the equipment crashes
to the ground where it is severely damaged. Moon files a suit against Davidson
for breach of warranty.
The ________________________________ has rules governing warranties of goods.
(could be more than one word) - ANSWER Uniform Commercial Code
Moon, a farmer, needs to install a two thousand-pound piece of equipment in his
barn. This will require lifting the equipment thirty feet up into a hayloft. Moon
goes to Davidson Hardware and tells the sales clerk that he needs, "some heavy
duty rope to be used on my farm." The clerk recommends a one-inch-thick nylon
rope, and Moon purchases two hundred feet of it. Moon ties the rope around the
piece of equipment, puts the rope through a pulley, and with a tractor, lifts the
equipment off the ground. The rope suddenly breaks and the equipment crashes
to the ground where it is severely damaged. Moon files a suit against Davidson
for breach of warranty.
A warranty imposes a __________________ duty on a seller. - ANSWER Legal
Moon, a farmer, needs to install a two thousand-pound piece of equipment in his
barn. This will require lifting the equipment thirty feet up into a hayloft. Moon
goes to Davidson Hardware and tells the sales clerk that he needs, "some heavy
duty rope to be used on my farm." The clerk recommends a one-inch-thick nylon
rope, and Moon purchases two hundred feet of it. Moon ties the rope around the
piece of equipment, puts the rope through a pulley, and with a tractor, lifts the
equipment off the ground. The rope suddenly breaks and the equipment crashes
to the ground where it is severely damaged. Moon files a suit against Davidson
for breach of warranty.
Under the Uniform Commercial Code, there are three main types of warranties:
______________ warranties, ___________________ warranties, and
_______________________ warranties. - ANSWER Title, express, implied
, Moon, a farmer, needs to install a two thousand-pound piece of equipment in his
barn. This will require lifting the equipment thirty feet up into a hayloft. Moon
goes to Davidson Hardware and tells the sales clerk that he needs, "some heavy
duty rope to be used on my farm." The clerk recommends a one-inch-thick nylon
rope, and Moon purchases two hundred feet of it. Moon ties the rope around the
piece of equipment, puts the rope through a pulley, and with a tractor, lifts the
equipment off the ground. The rope suddenly breaks and the equipment crashes
to the ground where it is severely damaged. Moon files a suit against Davidson
for breach of warranty.
This case deals with a(n) __________________ warranty. - ANSWER Implied
Moon, a farmer, needs to install a two thousand-pound piece of equipment in his
barn. This will require lifting the equipment thirty feet up into a hayloft. Moon
goes to Davidson Hardware and tells the sales clerk that he needs, "some heavy
duty rope to be used on my farm." The clerk recommends a one-inch-thick nylon
rope, and Moon purchases two hundred feet of it. Moon ties the rope around the
piece of equipment, puts the rope through a pulley, and with a tractor, lifts the
equipment off the ground. The rope suddenly breaks and the equipment crashes
to the ground where it is severely damaged. Moon files a suit against Davidson
for breach of warranty.
In particular, this case deals with the implied warranty of _____________________
___________ _______ ______________________ ____________________. - ANSWER
Fitness for a particular purpose
Moon, a farmer, needs to install a two thousand-pound piece of equipment in his
barn. This will require lifting the equipment thirty feet up into a hayloft. Moon
goes to Davidson Hardware and tells the sales clerk that he needs, "some heavy
duty rope to be used on my farm." The clerk recommends a one-inch-thick nylon
rope, and Moon purchases two hundred feet of it. Moon ties the rope around the
piece of equipment, puts the rope through a pulley, and with a tractor, lifts the
equipment off the ground. The rope suddenly breaks and the equipment crashes
to the ground where it is severely damaged. Moon files a suit against Davidson
for breach of warranty.
To be successful in this suit, Moon will need to show that the seller knew or
should have known that Moon had a __________________ purpose for which he
was to use the goods and that Moon relied on the __________________
_________________________. - ANSWER Particular, seller's judgement
Moon, a farmer, needs to install a two thousand-pound piece of equipment in his
barn. This will require lifting the equipment thirty feet up into a hayloft. Moon
goes to Davidson Hardware and tells the sales clerk that he needs, "some heavy
duty rope to be used on my farm." The clerk recommends a one-inch-thick nylon
rope, and Moon purchases two hundred feet of it. Moon ties the rope around the
Complete Solutions
Moon, a farmer, needs to install a two thousand-pound piece of equipment in his
barn. This will require lifting the equipment thirty feet up into a hayloft. Moon
goes to Davidson Hardware and tells the sales clerk that he needs, "some heavy
duty rope to be used on my farm." The clerk recommends a one-inch-thick nylon
rope, and Moon purchases two hundred feet of it. Moon ties the rope around the
piece of equipment, puts the rope through a pulley, and with a tractor, lifts the
equipment off the ground. The rope suddenly breaks and the equipment crashes
to the ground where it is severely damaged. Moon files a suit against Davidson
for breach of warranty.
The ________________________________ has rules governing warranties of goods.
(could be more than one word) - ANSWER Uniform Commercial Code
Moon, a farmer, needs to install a two thousand-pound piece of equipment in his
barn. This will require lifting the equipment thirty feet up into a hayloft. Moon
goes to Davidson Hardware and tells the sales clerk that he needs, "some heavy
duty rope to be used on my farm." The clerk recommends a one-inch-thick nylon
rope, and Moon purchases two hundred feet of it. Moon ties the rope around the
piece of equipment, puts the rope through a pulley, and with a tractor, lifts the
equipment off the ground. The rope suddenly breaks and the equipment crashes
to the ground where it is severely damaged. Moon files a suit against Davidson
for breach of warranty.
A warranty imposes a __________________ duty on a seller. - ANSWER Legal
Moon, a farmer, needs to install a two thousand-pound piece of equipment in his
barn. This will require lifting the equipment thirty feet up into a hayloft. Moon
goes to Davidson Hardware and tells the sales clerk that he needs, "some heavy
duty rope to be used on my farm." The clerk recommends a one-inch-thick nylon
rope, and Moon purchases two hundred feet of it. Moon ties the rope around the
piece of equipment, puts the rope through a pulley, and with a tractor, lifts the
equipment off the ground. The rope suddenly breaks and the equipment crashes
to the ground where it is severely damaged. Moon files a suit against Davidson
for breach of warranty.
Under the Uniform Commercial Code, there are three main types of warranties:
______________ warranties, ___________________ warranties, and
_______________________ warranties. - ANSWER Title, express, implied
, Moon, a farmer, needs to install a two thousand-pound piece of equipment in his
barn. This will require lifting the equipment thirty feet up into a hayloft. Moon
goes to Davidson Hardware and tells the sales clerk that he needs, "some heavy
duty rope to be used on my farm." The clerk recommends a one-inch-thick nylon
rope, and Moon purchases two hundred feet of it. Moon ties the rope around the
piece of equipment, puts the rope through a pulley, and with a tractor, lifts the
equipment off the ground. The rope suddenly breaks and the equipment crashes
to the ground where it is severely damaged. Moon files a suit against Davidson
for breach of warranty.
This case deals with a(n) __________________ warranty. - ANSWER Implied
Moon, a farmer, needs to install a two thousand-pound piece of equipment in his
barn. This will require lifting the equipment thirty feet up into a hayloft. Moon
goes to Davidson Hardware and tells the sales clerk that he needs, "some heavy
duty rope to be used on my farm." The clerk recommends a one-inch-thick nylon
rope, and Moon purchases two hundred feet of it. Moon ties the rope around the
piece of equipment, puts the rope through a pulley, and with a tractor, lifts the
equipment off the ground. The rope suddenly breaks and the equipment crashes
to the ground where it is severely damaged. Moon files a suit against Davidson
for breach of warranty.
In particular, this case deals with the implied warranty of _____________________
___________ _______ ______________________ ____________________. - ANSWER
Fitness for a particular purpose
Moon, a farmer, needs to install a two thousand-pound piece of equipment in his
barn. This will require lifting the equipment thirty feet up into a hayloft. Moon
goes to Davidson Hardware and tells the sales clerk that he needs, "some heavy
duty rope to be used on my farm." The clerk recommends a one-inch-thick nylon
rope, and Moon purchases two hundred feet of it. Moon ties the rope around the
piece of equipment, puts the rope through a pulley, and with a tractor, lifts the
equipment off the ground. The rope suddenly breaks and the equipment crashes
to the ground where it is severely damaged. Moon files a suit against Davidson
for breach of warranty.
To be successful in this suit, Moon will need to show that the seller knew or
should have known that Moon had a __________________ purpose for which he
was to use the goods and that Moon relied on the __________________
_________________________. - ANSWER Particular, seller's judgement
Moon, a farmer, needs to install a two thousand-pound piece of equipment in his
barn. This will require lifting the equipment thirty feet up into a hayloft. Moon
goes to Davidson Hardware and tells the sales clerk that he needs, "some heavy
duty rope to be used on my farm." The clerk recommends a one-inch-thick nylon
rope, and Moon purchases two hundred feet of it. Moon ties the rope around the
