Question

23.    With respect to warranty disclaimers, under the UCC a seller

a. may never disclaim a warranty

b. may only disclaim implied warranties

c. may disclaim only express warranties

d. may disclaim any warranty except a warranty of title

e. may disclaim any warranty so long as the disclaimer follows UCC rules

24.    A seller can create an express warranty by

a. a seller’s promise about goods being sold.

b. a seller’s guarantee regarding the safety of a good.

c. the sample the buyer received from the seller.

d. the description of the goods provided by the seller.

e. all of the above

25.    Under the UCC goods are

a. all things which are moveable at the time of identification to the contract for sale.

b. all services which are relevant at the time of identification to the contract for sale.

c. any item that a seller offers to a buyer.

d. the combination of the items and services listed in the contract.

e. all the items listed in the contract and their related services.

26.    Under Article 2 of the UCC, _____________ means that the good “must be of a quality comparable to that generally acceptable in that line or trade.”

a. warrantable

b. profitable

c. merchantable

d. marketable

e. acceptable

27.    With respect to title, if a buyer buys stolen goods not knowing the goods were stolen

a. the title does not pass to the buyer.

b. the title passes to the buyer as long as he is unaware the goods are stolen.

c. the buyer must pay the rightful owner of the good.

d. the buyer is liable if the goods are damaged and may have to serve jail time

e. the title passes to the buyer whether or not he knows the goods were stolen

Answer 1

23.  

b. may only disclaim implied warranties

24.  e. all of the above

25. a. all things which are moveable at the time of identification to the contract for sale.

26. d. marketable

27.  a. the title does not pass to the buyer.