BUSN 420 Business Law week 5 UCC Sale of Goods & Administrative Law Quiz Answer

BUSN 420 Business Law week 5 UCC Sale of Goods & Administrative Law Quiz Answer

 

Week 5 : UCC Sale of Goods & Administrative Law – Quiz

Question 1. 1. (TCO 5) Flem, a user of GameCenter.com’s website, can download gaming software for free if he first clicks on “I accept” after viewing certain terms. This is (Points : 2)
a contract that does not include the terms.
a contract that includes the terms.
not a contract but the terms are enforceable.
unenforceable.

Question 2. 2. (TCO 5) Giles and Hubie enter into a sales contract. With respect to the specific contractual provisions set out in the UCC, Giles and Hubie may (Points : 2)
agree to different terms only to a reasonable extent.
agree to different terms unless they “get caught.”
agree to whatever terms they wish.
not agree to different terms.

Question 3. 3. (TCO 5) Variety Goods, Inc., and Worldly Sales Corporation enter into a contract that does not specify the payment terms. Payment may be made in (Points : 2)
any commercially acceptable means except cash.
cash only.
cash or any commercially acceptable substitute.
cash or check only.

Question 4. 4. (TCO 5) Bild-Rite, Inc., is a Colorado-based firm that does business with clients throughout North America. Bild-Rite oversees construction projects, and buys and sells commercial buildings, undeveloped land, and construction supplies and other goods. Bild-Rite has had to deal with work-site theft and vandalism. With respect to these circumstances, the Uniform Commercial Code (UCC) provides a framework for (Points : 2)
commercial transactions for the sale of and payment for goods.
international construction contracts.
domestic and foreign transactions in real estate.
prosecuting crimes against business interests.

Question 5. 5. (TCO 5) Chas and Dodie sign a contract for a sale of goods. Chas is to set the price for the goods at the time of delivery, but on delivery, refuses to do so. Dody may only (Points : 2)
fix a reasonable price.
fix a reasonable price or treat the contract as canceled.
treat the contract as canceled.
wait for Chas to set the price.

Question 6. 6. (TCO 6) National Ladder Company is subject to regulations issued by the Occupational Safety and Health Administration (OSHA). Like other federal administrative agencies, the OSHA was created by (Points : 2)
Congress, through enabling legislation.
the Federal Trade Commission, through the rulemaking process.
the president, through an executive order.
the U.S. Department of Labor, through a final order.

Question 7. 7. (TCO 6) The Nuclear Regulatory Commission (NRC) files a complaint against General Construction Corporation (GCC). GCC may want to settle the dispute, before formal adjudicatory proceedings begin, to avoid (Points : 2)
appearing uncooperative.
eliminating the need for additional proceedings.
rectifying the problem to the NRC’s satisfaction.
saving the expense of formal proceedings and later appeals.

Question 8. 8. (TCO 6) Plastix Produx Company is subject to a decision by the Consumer Product Safety Commission. Opposed to the decision, Plastix Produx wants a court to review it. First, however, the firm must use all of the potential administrative remedies. This is (Points : 2)
an actual controversy at issue.
standing to sue.
the exhaustion doctrine.
the ripeness doctrine.

Question 9. 9. (TCO 6) The Consumer Product Safety Commission (CPSC) wants Monster Toy Company to produce certain records for review. To obtain the records, the CPSC will issue (Points : 2)
an order for specific performance.
a rule for parol evidence.
a formal complaint.
a subpoena.

Question 10. 10. (TCO 6) Pure Water Company is subject to a decision by the Environmental Protection Agency. Pure Water appeals the decision, arguing that it is arbitrary and capricious. This could mean that the decision (Points : 2)
changed the agency’s prior policy without justification.
followed a consideration of all relevant factors.
was accompanied by a rational explanation.
was plainly warranted by the evidence.

 

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