Yard contained vein of silver running through

Assignment Help Other Subject

Reference no: EM133812298

Question

Greg discovered that his yard contained a vein of silver running through it. Greg managed to mine some of the ore and sell it to a silversmith. Is the contract for the ore governed by the UCC or the common law? Multiple choice question. The contract is governed by common law, since anything connected with real estate is not a good. The contract is governed by the common law because Greg is not a merchant. The contract is governed by the UCC Article 2(A) because no one actually owns the mineral rights under their property. The contract is governed by the UCC Article 2, since the ore was taken from the ground and sold as a good.

Reference no: EM133812298

Questions Cloud

Signed lease for fixed term : Last year, Jose Murano signed a lease for a fixed term of one year, for a two-bedroom apartment in London, Ontario.

Reasons for judgment in South West Terminal v Achter : Based on the reasons for judgment in South West Terminal v Achter, which of the following statements is incorrect?

Based on your analysis of the mississippi crisis plan : Based on your analysis of the Mississippi crisis plan, explain which elements of the plan might be relevant/applicable to either Alabama or Louisiana.

Cobourg Kodiaks on November : The plaintiff Shawn Moore attended a lacrosse game for his sons' team The Cobourg Kodiaks on November 15, 2024.

Yard contained vein of silver running through : Greg discovered that his yard contained a vein of silver running through it. Greg managed to mine some of the ore and sell it to a silversmith.

Discuss the social and governmental roles in legalization : Alcohol and Tobacco have a long history with the United States and our government. Please discuss the social and governmental roles in the legalization.

About use of dna testing in criminological context : Identify the concerns about the use of DNA testing in a criminological context. Concern(s) involuntary disclosure of family genetics to government

What are the legal implications for employers : What are the legal implications for employers? Do you feel there are any legitimate criticisms of FLSA from an employer's perspective?

Uniform Commercial Code : The Uniform Commercial Code (UCC) states that when a written agreement exists that is intended to be a final expression,

User Account

All Pages