Containers with other wheat of the same type and grade

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Reference no: EM132169553

1. Morgan owns an interest in some wheat. Her wheat is stored at a warehouse in large containers with other wheat of the same type and grade. Morgan decides to sell half of her wheat to Dalia. Under the Uniform Commercial Code, Morgan’s wheat is an example of:

a. existing goods.

b. future goods.

c. live goods.

d. fungible goods.

2. Fresh Green Grocers, Inc., contracts with a vegetable-growing company for all the carrots that the vegetable-growing company produces in excess of 100 acres. In the contract, Fresh Green Grocers, Inc., specifies that the vegetable-growing company must deliver the carrots to a particular warehouse. This contract is an example of a:

a. shipment contract.

b. destination contract.

c. existing goods contract.

3. Mitchell and Emma have a contract where Mitchell will sell Emma twenty-four cases of three-inch heels, in black with a red rose on the top of each shoe. Emma will pay Mitchell for the shoes once they are delivered on March 15. On March 1, Emma realizes that roses are no longer the flower of the year, but instead Gerber daisies are the new rage. She calls Mitchell to let him know that she will not pay him for those shoes. Mitchell:

a. must treat her call like a breach and take steps to minimize his damages.

b. must contact her and offer her a second chance to change her mind.

c. may treat her call like a breach and take steps to minimize his damages.

d. must wait until the deadlines for the contract, attempt to deliver, and then treat her behavior like a breach when she refuses to accept the shoes.

Reference no: EM132169553

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