ASSESMENT / 73 ACTUAL QUESTIONS AND ANSWERS LATEST
UPDATE 2026/2027(GRATED A+)
1.What is a purpose of the Uniform Commercial Code?
Reduce difficulties for businesses conducting trade and commerce
Facilitate commerce between the states and foreign countries
Discriminate against jurisdictions that have not adopted this uniform law
Establish the rules applying to real state, service, and employment contracts
TERM
Reduce difficulties for businesses conducting trade and commerce
2.Under the Uniform Commercial Code, and without the parties agreeing to the
contrary in the contract, when is a title passed from the seller to the buyer for the
sale of goods?
During delivery of the goods to a shipping company
During receipt of the goods by a buyer
During physical acceptance of the goods by a buyer
During receipt of the goods by a buyer and delivery of physical title to a shipping
company
TERM
During delivery of the goods to a shipping company
3.A floral company is currently hiring a new employee. After interviewing a great
candidate, the human resources coordinator looked up the candidate on social
media. The human resources coordinator found too many pictures of cocktails
and beers on the candidate's profile. The prospective candidate worked part-time
as a bartender. The human resources coordinator called the candidate and told
him that she found a better fit even when she had not hired anyone for the
position. Are the human resources coordinator's actions legal and ethical?
The actions are legal and ethical.
The actions are legal but unethical.
The actions are illegal but ethical.
The actions are illegal and unethical.
TERM
The actions are legal but unethical.
4.A hardware store proactively informs clients whenever recalls happen. It is
always willing to replace defective items at no cost even if the warranty has
expired. Its philosophy is to maximize benefits and minimize harm. This approach
, is known as outcome-based ethics. What is a characteristic of outcome-based
ethics?
It focuses on the obligations of the corporation.
It focuses on standards for behavior that traditionally were derived from religious
authorities.
It focuses on basic rights.
It focuses on the consequences of an action.
TERM
It focuses on the consequences of an action
5.Which type of speech is considered unprotected?
Obscene
Commercial
Corporate political
Symbolic
TERM
Obscene
6
Which kind of mark is "Cheesy" in connection with a spa company?
Arbitrary
Fanciful
Descriptive
Suggestive
TERM
Arbitrary
7
A company started a beverage company that sells a variety of juices. All the
juices are sold in a plastic bottle with the company's name, the name of the juice,
and a logo the owner found online. Which type of protection should the owner
seek for the name of the juice?
Patent
Trade secret
Copyright
Trademark
TERM
Trademark
8
Which type of trademark receives automatic protection?
Descriptive marks
Personal name marks