HMGT 4244- Hospitality Law Questions and
Answers
The UCC stands for - ANS-Uniform Commercial Code
The UCC is the acronym for the laws regulating purchase and sale agreements for
land, which gives protections only to buyers. - ANS-False
A valid contract needs consideration flowing to both parties. - ANS-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. - ANS-False
In a lawsuit, the person or entity against which litigation is initiated is known as the
_____________. - ANS-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. - ANS-Attrition
Exculpatory seek to put blame on the hospitality operator in certain situations. -
ANS-False
In the lodging industry, payment can be made if the hotel agrees to directly bill the
company or group for all the charges. - ANS-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. - ANS-True
The Uniform Commercial Code requires you to... - ANS-Fulfill any promises made in
a purchasing or sales contract
"Consideration" in the hospitality industry is often? - ANS-All of the above
Which of the following is not an advantae when purchasing a franchise? - ANS-
Sensitivity to menu items for local clientele
A hospitality manager may be resonible for which type of legal agreement? - ANS-
All of the above.
A contract has to be in writing to be enforceable by the courts. - ANS-False
Answers
The UCC stands for - ANS-Uniform Commercial Code
The UCC is the acronym for the laws regulating purchase and sale agreements for
land, which gives protections only to buyers. - ANS-False
A valid contract needs consideration flowing to both parties. - ANS-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. - ANS-False
In a lawsuit, the person or entity against which litigation is initiated is known as the
_____________. - ANS-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. - ANS-Attrition
Exculpatory seek to put blame on the hospitality operator in certain situations. -
ANS-False
In the lodging industry, payment can be made if the hotel agrees to directly bill the
company or group for all the charges. - ANS-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. - ANS-True
The Uniform Commercial Code requires you to... - ANS-Fulfill any promises made in
a purchasing or sales contract
"Consideration" in the hospitality industry is often? - ANS-All of the above
Which of the following is not an advantae when purchasing a franchise? - ANS-
Sensitivity to menu items for local clientele
A hospitality manager may be resonible for which type of legal agreement? - ANS-
All of the above.
A contract has to be in writing to be enforceable by the courts. - ANS-False
