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What types of open terms may be filled by gap-filling rule

Assignment Help Business Law and Ethics
Reference no: EM131017196

Textbook - Contemporary Business Law, 8th Edition. Author: Cheeseman.

1. What law covers sales?

2. Why was this law created

3. What states have this law?

4. What transactions are included?

5. How are goods defined? _ and _

6. What are excluded?

7. What is a "mixed sale" and are they covered by this law?

8. In the Brandt v. Boston Scientific case what was the "mixed sale" and was it covered by the UCC?

9. How does the UCC view open terms?

10. What types of open terms may be filled by the "gap-filling" rule?

11. When does the Statute of Frauds apply to sales or lease contracts?

12. When does the title to the goods pass to the seller (assuming the goods ARE going to be moved)?

13. When does title to goods pass to the seller when the goods are NOT going to be moved?

14. What is a shipment contract?

a. When does risk of loss transfer to the buyer under a shipment contract?

15. What is a destination contract?

a. When does risk of loss transfer to the buyer under a destination contract?

16. What is the perfect tender rule?

17. What options does a buyer (or lessee) have if the seller delivers non-conforming goods?

18. What does it mean that a buyer has the "right to cover"?

19. What is the "Warranty of Merchantability"?

20. What is the "Warranty of Fitness for Particular Purpose"?

21. What is strict liability?

22. What are some defenses to product liability?

Reference no: EM131017196

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