BLAW EXAM QUESTIONS |
GUARANTEED ACCURATE ANSWERS |
LATEST VERSION 2025\26 |COMPLETE
Which of the following is true regarding the UCC?
a. The UCC has been adopted by all states except Louisiana, which has
adopted only part of the code.
b. The most obvious purpose of the UCC is to cover commercial
transactions between buyers and sellers that take place within a
particular state.
c. The main purpose of the UCC is to enable private parties to enter in to
non-commercial transaction not subject to tariffs and other governmental
restrictions.
d. Although it originated in the US, the UCC has been adopted by the
vast majority of industrialized and post-industrialized countries. -
ACCURATE ANSWERS✔✔ a. The UCC has been adopted by all states
except Louisiana, which has adopted only part of the code.
Patricia runs an advertisement in the local newspaper offering a $500
reward for the return of her lost Snowshoe cat, Dexter. Patricia has made
a promise to pay the person who performs the act of returning Dexter.
This is a(n)___________ contract.
a. implied
b. unilateral
c. bilateral
,d. quasi - ACCURATE ANSWERS✔✔ b. unilateral
All promises are contracts. (T or F) - ACCURATE ANSWERS✔✔ False
According to the UCC, the "reasonableness" standard:
a. is a practical standard used to gauge what people really do in the
marketplace.
b. refers to the factual or status incapacity of one or more contracting
parties.
c. requires that jurors use their subjective opinions to determine whether
a contract for the sale of goods exists, and whether justice dictates that it
can be enforced.
d. is a theoretical concept based on the "reasonable person" standard of
tort law. - ACCURATE ANSWERS✔✔ a. is a practical standard used to
gauge what people really do in the marketplace.
Article 2 of the UCC applies to all contracts for the:
a. provision of services
b. sale of goods
c. negotiation of commercial paper
d. sale of real property - ACCURATE ANSWERS✔✔ b. sale of goods
Contracts for the sale of real estate must be in writing to be enforceable
(T or F) - ACCURATE ANSWERS✔✔ True
,A contract is express when the parties directly state its terms at the time
the contract is formed. (T or F) - ACCURATE ANSWERS✔✔ True
Which of the following is true regarding Article 2 of the UCC?
a. it does not apply to contracts for the sale of goods
b. It applies to bonds, information, and other intangibles.
c. It applies to contracts for the sale of real estate or stocks.
d. It does not apply to contracts for the provision of services. -
ACCURATE ANSWERS✔✔ d. It does not apply to contracts for the
provision of services.
Bill downloaded an antivirus software from the Internet. According to
the UCC, the software is __________.
a. a good
b. a service
c. tangible personal property
d. intangible real property - ACCURATE ANSWERS✔✔ b. a service
Contracts are called either unilateral or bilateral, depending on whether
one or both parties have fulfilled their contractual obligations. (T or F) -
ACCURATE ANSWERS✔✔ False
, When two parties have directly, but orally, stated all the terms of a
contract at the time it was formed, they have:
a. made an express contract
b. not made an enforceable contract
c. made an implied contract
d. executed a contract - ACCURATE ANSWERS✔✔ a. made an
express contract.
Which of the following is true regarding current judicial interpretations
of contract law?
a. Courts today have entirely shifted their emphasis from protecting
consumers and workers to protecting business and promoting
industrialization.
b. Courts today tend to view with great suspicion attempts by
manufacturers to limit their responsibility for product defects.
c. Modern courts are not willing to consider defenses based on
inequality of bargaining power between the parties.
d. Modern courts do not have the legal authority to control private-party
contracts. - ACCURATE ANSWERS✔✔ b. Courts today tend to view
with great suspicion attempts by manufacturers to limit their
responsibility for product defects.
When compared to traditional contract law, the UCC:
a. is more likely to find that the parties have a contract.
GUARANTEED ACCURATE ANSWERS |
LATEST VERSION 2025\26 |COMPLETE
Which of the following is true regarding the UCC?
a. The UCC has been adopted by all states except Louisiana, which has
adopted only part of the code.
b. The most obvious purpose of the UCC is to cover commercial
transactions between buyers and sellers that take place within a
particular state.
c. The main purpose of the UCC is to enable private parties to enter in to
non-commercial transaction not subject to tariffs and other governmental
restrictions.
d. Although it originated in the US, the UCC has been adopted by the
vast majority of industrialized and post-industrialized countries. -
ACCURATE ANSWERS✔✔ a. The UCC has been adopted by all states
except Louisiana, which has adopted only part of the code.
Patricia runs an advertisement in the local newspaper offering a $500
reward for the return of her lost Snowshoe cat, Dexter. Patricia has made
a promise to pay the person who performs the act of returning Dexter.
This is a(n)___________ contract.
a. implied
b. unilateral
c. bilateral
,d. quasi - ACCURATE ANSWERS✔✔ b. unilateral
All promises are contracts. (T or F) - ACCURATE ANSWERS✔✔ False
According to the UCC, the "reasonableness" standard:
a. is a practical standard used to gauge what people really do in the
marketplace.
b. refers to the factual or status incapacity of one or more contracting
parties.
c. requires that jurors use their subjective opinions to determine whether
a contract for the sale of goods exists, and whether justice dictates that it
can be enforced.
d. is a theoretical concept based on the "reasonable person" standard of
tort law. - ACCURATE ANSWERS✔✔ a. is a practical standard used to
gauge what people really do in the marketplace.
Article 2 of the UCC applies to all contracts for the:
a. provision of services
b. sale of goods
c. negotiation of commercial paper
d. sale of real property - ACCURATE ANSWERS✔✔ b. sale of goods
Contracts for the sale of real estate must be in writing to be enforceable
(T or F) - ACCURATE ANSWERS✔✔ True
,A contract is express when the parties directly state its terms at the time
the contract is formed. (T or F) - ACCURATE ANSWERS✔✔ True
Which of the following is true regarding Article 2 of the UCC?
a. it does not apply to contracts for the sale of goods
b. It applies to bonds, information, and other intangibles.
c. It applies to contracts for the sale of real estate or stocks.
d. It does not apply to contracts for the provision of services. -
ACCURATE ANSWERS✔✔ d. It does not apply to contracts for the
provision of services.
Bill downloaded an antivirus software from the Internet. According to
the UCC, the software is __________.
a. a good
b. a service
c. tangible personal property
d. intangible real property - ACCURATE ANSWERS✔✔ b. a service
Contracts are called either unilateral or bilateral, depending on whether
one or both parties have fulfilled their contractual obligations. (T or F) -
ACCURATE ANSWERS✔✔ False
, When two parties have directly, but orally, stated all the terms of a
contract at the time it was formed, they have:
a. made an express contract
b. not made an enforceable contract
c. made an implied contract
d. executed a contract - ACCURATE ANSWERS✔✔ a. made an
express contract.
Which of the following is true regarding current judicial interpretations
of contract law?
a. Courts today have entirely shifted their emphasis from protecting
consumers and workers to protecting business and promoting
industrialization.
b. Courts today tend to view with great suspicion attempts by
manufacturers to limit their responsibility for product defects.
c. Modern courts are not willing to consider defenses based on
inequality of bargaining power between the parties.
d. Modern courts do not have the legal authority to control private-party
contracts. - ACCURATE ANSWERS✔✔ b. Courts today tend to view
with great suspicion attempts by manufacturers to limit their
responsibility for product defects.
When compared to traditional contract law, the UCC:
a. is more likely to find that the parties have a contract.
