UCC 2-201(3) Exceptions Quiz

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What is a requirement under the UCC for a signed writing to be enforceable?

Presence of all material terms
Inclusion of quantity and the signature of the party against whom enforcement is sought (correct)
Notarization by a public official
Signature of both parties involved

Under UCC 2-201(1), when is a contract for the sale of goods over $500 enforceable?

When the contract is performed immediately
When there is a writing evidencing the contract and it is signed by the party against whom enforcement is sought (correct)
When both parties sign the agreement in front of a notary public
When all terms are explicitly stated in the agreement

What is one key difference between common law and UCC regarding signature requirements?

Common law mandates physical signatures, while UCC accepts symbols as signatures. (correct)
UCC allows for flexible signature requirements, while common law has strict signature rules.
Common law allows oral agreements, while UCC requires written contracts.
Common law requires notarization for signatures, while UCC does not.

In what scenario can a contract under UCC 2-201(2) be enforceable without a signed writing?

If two merchants enter an oral agreement and one sends a written confirmation and the other does not object within ten days (A) Signup and view all the answers

What is the implication of missing terms in a contract under UCC provisions?

Missing terms do not render the contract unenforceable as long as quantity is included. (B) Signup and view all the answers

What does the Two Merchant Rule (UCC 2-201(2)) require for an oral agreement to be enforceable?

One merchant must send a written confirmation and the recipient must object within ten days. (D) Signup and view all the answers

Which scenario would make a contract enforceable under UCC 2-201(3)?

The goods were specially manufactured for the buyer, are unsuitable for sale to others, and the seller has begun manufacturing them. (C) Signup and view all the answers

In which situation does a contract NOT meet the requirements for enforceability under UCC 2-201(3)?

The seller admits that a contract for sale was made, but no payment has been received or accepted. (D) Signup and view all the answers

Which action by the seller would NOT contribute to making a contract enforceable under UCC 2-201(3)?

Refusing to sell similar goods to another potential buyer. (C) Signup and view all the answers

What happens if the party against whom enforcement is sought under UCC 2-201(3) denies that a contract for sale was made?

The party's denial can affect the enforceability of the contract. (A) Signup and view all the answers

Which element is crucial for meeting the requirements of UCC 2-201(3) regarding conditional acceptance of goods?

Both parties acknowledging in writing that certain conditions must be met for full acceptance of goods. (A) Signup and view all the answers

Which of the following correctly describes how non-conforming goods are treated under UCC 2-206(1)(b)?

Shipment of conforming goods constitutes acceptance, but shipment of non-conforming goods also constitutes acceptance under certain conditions. (C) Signup and view all the answers

In UCC 2-207(1), a definite and seasonable acceptance with additional or different terms is still considered an acceptance unless:

The acceptance is conditional on the offeror's assent to the additional or different terms. (B) Signup and view all the answers

What is the significance of the mirror image rule in common law compared to the UCC's approach in contracts?

The mirror image rule requires that the acceptance exactly mirrors the terms of the offer, which is not necessary under the UCC. (B) Signup and view all the answers

Under UCC 2-207(2), in contracts between or involving consumers, what happens to additional or different terms?

Additional or different terms do not automatically become part of the agreement in consumer contracts. (C) Signup and view all the answers

Which scenario would NOT constitute a valid acceptance under UCC 2-206(1)(b)?

Shipment of conforming goods without notice to the buyer. (B) Signup and view all the answers

In what circumstances would an acceptance with additional or different terms NOT be considered as an acceptance under UCC 2-207(1)?

If the acceptance is conditional on the offeror’s assent to the additional or different terms. (D) Signup and view all the answers

UCC 2-201(3) Exceptions Quiz

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