UCC Sales of Goods Quiz
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UCC Sales of Goods Quiz

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Questions and Answers

In a transaction involving both goods and services, what test determines whether the UCC or common law applies?

  • Goods and Services Test
  • Common Law Test
  • UCC Application Test
  • Predominant Purpose Test (correct)
  • Which of the following is NOT part of the hierarchy of terms under UCC Article 2?

  • Course of Performance
  • Trade Usage
  • Customary Practice (correct)
  • Agreement
  • What governs transactions in goods in the United States with variations in every state?

  • Article 2 Definitions
  • Model Statute
  • Uniform Commercial Code (correct)
  • Common Law
  • When does the Common Law apply in transactions governed by the UCC?

    <p>When displaced by a particular provision of the UCC</p> Signup and view all the answers

    What test determines whether the UCC or common law applies based on the problem with the contract?

    <p>Gravamen of the Action Test</p> Signup and view all the answers

    Which transactions does UCC Article 2 apply to?

    <p>Transactions in goods</p> Signup and view all the answers

    What happens if there is a definition contained in UCC Article 2?

    <p>The definition in Article 1 applies</p> Signup and view all the answers

    When does the Common Law apply under the UCC?

    <p>When there is a specific provision in the UCC</p> Signup and view all the answers

    What is the Predominant Purpose Test used for in mixed goods and services contracts?

    <p>To determine if the contract is more like a sale of goods or a service contract</p> Signup and view all the answers

    When does the Gravamen of the Action Test determine the application of the UCC?

    <p>When the problem is with the goods</p> Signup and view all the answers

    What is the hierarchy of terms under UCC Article 2?

    <p>Agreement, Course of Performance, Course of Dealings, Trade Usage</p> Signup and view all the answers

    What test determines whether the UCC or common law applies based on the problem with the contract?

    <p>Gravamen of the Action Test</p> Signup and view all the answers

    When does the Predominant Purpose Test determine the application of the UCC?

    <p>When the contract involves both goods and services</p> Signup and view all the answers

    What is the Predominant Purpose Test used for in mixed goods and services contracts?

    <p>To determine whether the UCC or common law applies</p> Signup and view all the answers

    What governs transactions in goods in the United States with variations in every state?

    <p>Uniform Commercial Code</p> Signup and view all the answers

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