HMGT 4244- HOSPITALITY LAW QUESTIONS WITH
VERIFIED ANSWERS
The UCC stands for - Answers - Uniform Commercial Code
The UCC is the acronym for the laws regulating purchase and sale agreements for land,
which gives protections only to buyers. - Answers - False
A valid contract needs consideration flowing to both parties. - Answers - True
According to the law, franchisors must provide potential investors with a basic
disclosure document and are required to guarantee a profit to the franchisee in the third
year of the franchise operation. - Answers - False
In a lawsuit, the person or entity against which litigation is initiated is known as the
_____________. - Answers - Defendant
A well drafted conference service contract will contain a provision for cancellation by the
group. If a group decreases the number of contracted attendees this is known as
_______________ and a provision should also be stated in the conference service
contract. - Answers - Attrition
Exculpatory seek to put blame on the hospitality operator in certain situations. -
Answers - False
In the lodging industry, payment can be made if the hotel agrees to directly bill the
company or group for all the charges. - Answers - True
The UCC is the acronym for the law regulating purchasing agreements, which gives
protection to buyers, sellers and financial lenders when goods are purchased under
contract. - Answers - True
The Uniform Commercial Code requires you to... - Answers - Fulfill any promises made
in a purchasing or sales contract
"Consideration" in the hospitality industry is often? - Answers - All of the above
Which of the following is not an advantae when purchasing a franchise? - Answers -
Sensitivity to menu items for local clientele
A hospitality manager may be resonible for which type of legal agreement? - Answers -
All of the above.
VERIFIED ANSWERS
The UCC stands for - Answers - Uniform Commercial Code
The UCC is the acronym for the laws regulating purchase and sale agreements for land,
which gives protections only to buyers. - Answers - False
A valid contract needs consideration flowing to both parties. - Answers - True
According to the law, franchisors must provide potential investors with a basic
disclosure document and are required to guarantee a profit to the franchisee in the third
year of the franchise operation. - Answers - False
In a lawsuit, the person or entity against which litigation is initiated is known as the
_____________. - Answers - Defendant
A well drafted conference service contract will contain a provision for cancellation by the
group. If a group decreases the number of contracted attendees this is known as
_______________ and a provision should also be stated in the conference service
contract. - Answers - Attrition
Exculpatory seek to put blame on the hospitality operator in certain situations. -
Answers - False
In the lodging industry, payment can be made if the hotel agrees to directly bill the
company or group for all the charges. - Answers - True
The UCC is the acronym for the law regulating purchasing agreements, which gives
protection to buyers, sellers and financial lenders when goods are purchased under
contract. - Answers - True
The Uniform Commercial Code requires you to... - Answers - Fulfill any promises made
in a purchasing or sales contract
"Consideration" in the hospitality industry is often? - Answers - All of the above
Which of the following is not an advantae when purchasing a franchise? - Answers -
Sensitivity to menu items for local clientele
A hospitality manager may be resonible for which type of legal agreement? - Answers -
All of the above.