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BUL 4310 COMPLETE EXAM 2 NEW FOR UPDATE 2026 EXAM (The Legal Environment of Business) University of Florida

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BUL 4310 COMPLETE EXAM 2 NEW FOR UPDATE 2026 EXAM (The Legal Environment of Business) University of Florida LSB Part 2: LSB Text Part 2, pgs.159-348 - LSB 2025 Part 2 for Students -.pdf LSB Table of Contents - LSB Table of Contents LSB Index - LSB 2025 -Index to-Emerson-LawSocietyandBusiness-2025 (pp 539-568)- Barron's: Ch. 4-9 (contracts) Ch. 1, pgs. 9-11 & 17-21 (common law, equity, and the UCC) Ch. 2, pgs. 34-36 (the First Amendment; Eminent Domain) Ch. 24, pgs. 577-595 (Anti-Discrimination Law) Ch. 28, pgs. 646 (culture) & 650 (paragraph on CISG) Merrick buys 50 widgets at a store closing sale. He buys the widgets intending to use them around the house. He only uses 25, though, and decides to sell the remaining widgets online. Merrick lives in Wyoming. He finds an individual buyer, Gina, in Italy. Does the CISG apply if there is an issue with this contract? Yes, because the contract does not state that the CISG does not apply. No, because these are two consumers. No, because the contract does not state that the CISG applies. No, because at least one party must be a merchant. Yes, because the CISG automatically applies when two signatory country parties enter into a contract. Correct answer: No, because these are two consumers. LSB 191. Barron’s page 185. The CISG only applies to business contracts (contracts between merchants), not deals involving consumers. The United States and Italy are signatory nations for the CISG (LSB 190), but the CISG only applies when both parties are businesses.

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BUL 4310 COMPLETE EXAM 2 NEW FOR UPDATE 2026 EXAM (The Legal Environment of
Business) University of Florida


Read

LSB Part 2:

LSB Text Part 2, pgs.159-348 - LSB 2025 Part 2 for Students -.pdf

LSB Table of Contents - LSB Table of Contents 2025-2.pdf

LSB Index - LSB 2025 -Index to-Emerson-LawSocietyandBusiness-2025 (pp 539-568)-
2.pdf

Barron's:

Ch. 4-9 (contracts)

Ch. 1, pgs. 9-11 & 17-21 (common law, equity, and the UCC)

Ch. 2, pgs. 34-36 (the First Amendment; Eminent Domain)

Ch. 24, pgs. 577-595 (Anti-Discrimination Law)

Ch. 28, pgs. 646 (culture) & 650 (paragraph on CISG)


1



Merrick buys
50 widgets at
a store closing
sale. He buys
the widgets
intending to
use them
around the
house. He
only uses 25,
though, and
decides to sell
the remaining
widgets
online.

,Merrick lives
in Wyoming.
He finds an
individual
buyer, Gina, in
Italy. Does the
CISG apply if
there is an
issue with this
contract?


Yes, because the

contract does not state

that the CISG does not

apply.




No, because these are

two consumers.




No, because the contract

does not state that the

CISG applies.




No, because at least one

party must be a

merchant.




Yes, because the CISG

automatically applies

when two signatory

, country parties enter

into a contract.




Correct answer: No, because these are two consumers. LSB 191. Barron’s page
185. The CISG only applies to business contracts (contracts between
merchants), not deals involving consumers. The United States and Italy are
signatory nations for the CISG (LSB 190), but the CISG only applies when both
parties are businesses.



Correct
answer


2



Mercedes
signs a
contract that
says that she
will paint a
mural of her
friend
Blossom in
exchange for
Blossom
giving
Mercedes the
secret recipe
to Blossom’s
beloved
banana sushi.
Mercedes
labors day and
night painting
the mural,
however

, when she
finally finishes
and asks for
the recipe,
Blossom
laughs and
points to an
area of the
contract
which has
extremely fine
print (only
legible to
people with
magnifying
glasses). This
incredibly
small print
says that
Mercedes
must also
paint 40
murals of
Blossom all
around the
city before
getting the
recipe. Even
though
Mercedes
knows that
she has signed
this document
with a level
head, she
sues. Does
she have a

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