Companies have entered into contract for the sale of goods

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Reference no: EM132108303

1. On August 15, Brent offers to sell his Tempurpedic memory foam mattress to Dean for $1,000. Dean accepts that same day and agrees to pay Brent the sum of $1,000 on August 31st. Which of the following is correct?

A. On August 15, the contract was executed.

B. This is a unilateral contract.

C. On August 15, the contract was executory.

D. There is no contract until Dea performs by paying.

2. When Angie comes home from work one evening, she finds that her yard has been mowed, raked, edged, trimmed. Later, Kurt of Kurt's Kustom Lawn Klipping comes to collect for the yard work that he did on Angie's property. Angie refuses to pay for the work since she had never seen Kurt before and did not hire him to do her yard work. Kurt's bill is a little high for the type of work performed, though not excessively overpriced

A. This is an express, voidable contract that either party may avoid.

B. This is an implied unilateral contract, and Angie must pay the price requested by Kurt.

C. Angie would not have to pay for the yard work.

D. A court would order Angie to pay the reasonable value of the yard work because Kurt conveyed a benefit to her.

3. Two merchant companies have entered into a contract for the sale of goods but have had no prior dealings that would establish a course of conduct between them. The UCC will allow gap fillers to apply to their contract regarding missing terms in each of the following situations except when

A. they have failed to specify when payment for the goods is to be made.

B. they have failed to specify where delivery of the goods is to be made.

C. they have failed to specify the quality or grade of the goods to be delivered.

D. they have failed to specify the price of the goods to be delivered.

Reference no: EM132108303

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