- Excise taxes are/aren't constitutional
- Kali contracts to sell Leony her car for $3,000. This contract will be fully discharged when Kali and Leony
- what are the two types of intended beneficiaries?
- Under the UCC, an offeror must be notified within a reasonable time that the offeree has accepted.
- who does the incidental beneficiary have the right to sue?
- Edward and First Star Company enter into an oral contract under which Edward agrees to provide delivery service for First Star for nine months. This contract is enforceable by
- The UCC requires a contract modification to be supported byu the new consideration
- Under the UCC, the meaning of any agreement must be interpreted in light of commercial practices.
- U-Can-Own-It Corporation sells appliances to less educated consumers, including Viv, on installment plans. U-Can-Own-It files a suit against Viv when she stops making payments. Viv claims that the deal is unconscionable. The court will most likely consider
- Rosalind, a seventeen-year-old, signs a contract to sell her car to Street Fleet Used Cars. The next day, Rosalind tells Street Fleet that she's decided not to sell the car. Rosalind is liable to Street Fleet for
- An assignee has a right to demand performance from the obligor.
- What forms the source of all taxation provisions?
- All collateral promises must be in writing to be enforceable.
- Refined Grains Inc agrees to sell to Sunny Company a certain quantity of refined oats each week but no mentipon is made of where the goods ate to be delivered. In general, the UCC requires that the delivery takes place at
- The chief executive officers of Chemico Inc and Petro Products Corp orally agree that Chemico will sell a refinery and the land on which it is situated to Petro. Under the statue of frauds, this deal is enforceable by
- Precision Parts, Inc., and Quik Fix Auto stores enter into a contract for a sale of specific auto parts. Precision Parts ships parts that do not meet the specifications. With respect to the entire shipment, Quik Fix Auto
- Most contracts need to be performed only to the satisfaction of a reasonable person unless they expressly state otherwise.
- Both trhe buyer and the seller can have an insurable interest in identical goods at the same time
- Contracts that are executory on both sides can be rescinded by agreement
- Bea takes out a life insurance policy with Vida Insurance Corporation that names her spouse Wendell as the beneficiary. This is