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Sales Article of the Uniform Commercial Code

   

Added on  2023-04-21

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Question 1
Sales article of the Uniform Commercial Code applicable on the sale of
goods. This article does not state about any regulations for sales to
consumer, other specified class of buyers and farmers. Further it is also
not applicable transactions in the form of unconditional contract to sell or
present sale proposed to operate only as security transaction.
(D) To the sale of goods only if the buyers and sellers are merchants
Question 2
Formation of the contract according to the uniform commercial code
requires the manner which reflects the agreement. Quantity term, and
contract between the merchant. This act does not require the definite
essential terms of the contract and mirror image acceptance.
(B) a contract was formed between the parties
Question 3
Modification of the contract under the common law requires the
consideration however according to the UCC, at the time of modification
of the original contract consideration is not essential.
(D) neither I nor II
Question 4
Sales Article of the Uniform Commercial Code_1
Incidental damages to the seller include any commercially reasonable
charge, commission and expenses incurred in stopping the delivery, in
the custody and care in the transportation after the breach by the buyer.
Further the expenses occurred in connection with the return or resale of
the goods or otherwise resulting from the breach.
(D) 131000
Question 5
In case if the seller sales goods on approval basis or on sale or return
basis with the similar condition, then if the time has been fixed for the
return of goods then the title is passed after the expiration of the
approved time.
(D) neither I nor II
Question 6
Obligation of the seller to the buyer unless otherwise agreed to is limited
with holding the goods and notified the buyer by which he/she can take
the delivery of goods.
(C) hold conforming goods and give the buyer whatever notification is reasonably necessary to
enable the buyer to take delivery
Question 7
Sales Article of the Uniform Commercial Code_2

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