UCC Sales Article: Analysis of Contract Law and Sales of Goods

This assignment provides solutions to questions related to the Uniform Commercial Code (UCC) Sales Article, focusing on its application to the sale of goods. It clarifies that the UCC Sales Article primarily applies to transactions between merchants and not to consumer sales or security transactions. The solutions cover key aspects such as contract formation, modification of contracts, incidental damages, risk of loss, and the obligations of both buyers and sellers. Specific scenarios are analyzed to determine whether a contract was formed, the conditions for contract modification, and the remedies available to parties in case of breach. The assignment also addresses the seller's right to cure defects and the buyer's options in claiming damages or recovering goods, providing a comprehensive overview of the UCC Sales Article's impact on commercial transactions. Desklib offers a wealth of resources, including past papers and solved assignments, to support students in their studies.

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

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

In case of the contract risk of loss pass to the buyer when he take over
the goods and if he does not do so in a reasonable time, from the time
when goods are placed at his disposal and he commits a breach of
contract failing to take delivery.
(D) Neither I nor II
Question 8
Right of the seller to cure by giving the notice to intent before the buyer
secures goods elsewhere and as long as the seller can correct the defect
in shipment made as long as the performance has not passed.
(c) Both I and II
Question 9
The contract of sale of goods for a price more than $ 500, then Uniform
commercial code applicable.
(A) I only
Question 10
Client can claim the damages or recover the guitar.
(B) Your client would have the option of Loria Music paying your client a sum of money in
damages, or your client can choose to have Loria Music get the guitar back from Cace