Reviewing the requirements for buyers and sellers who are

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Reference no: EM13471320

1.Reviewing the requirements for buyers and sellers who are considered merchants under the Code, the element that makes all these provisions function well is:

(a) The combined concepts of void and voidable title.

(b) The concept of identification to the contract.

(d) The imposition of harsh penalties for failure to fully perform a contract and the frequent use of punitive damages.

2.A logical outgrowth of the application of warranty provisions under Article 2 resulted in

(a) Changes in the law regarding intentional torts.

(b) Changes in the law regarding professional errors and omissions.

(d) No other changes in the law.

3.A statement that a trailer has a capacity of 3,000 pounds would be treated as

(a) A statement of opinion.

(b) An implied warranty.

(d) Seller's puff.

4.Once goods have been identified to the contract:

(a) The buyer has greater rights to the goods than the seller.

(b) The seller's creditors cannot take the goods.

(d) All of the above.

Reference no: EM13471320

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