Hi, I'm a Moderator for this topic. I've been working hard to find a Professional to assist you right away, but sometimes finding the right Professional can take a little longer than expected.I wonder whether you're ok with continuing to wait for an answer. If you are, please let me know and I will continue my search. If not, feel free to let me know and I will cancel this question for you. Thank you!
Ok, I'll wait
Hi, 5 out of 11 were wrong so I'm not satisfied....sorry!
Here are the correct answers for the wrong ones
3. Which of the following is a correct statement?
A) Statements of fact regarding a product that are made during the bargaining process can never be express warranties since facts can be “checked out.”
B) A seller must use the specific words “warrant” or “warranty” or “guaranty” in order to create an express warranty under the UCC.
C) An implied warranty of merchantability arises in every sale of goods by a merchant who deals in the kind of goods sold unless otherwise disclaimed.
D) A seller must provide a written warranty for every sale of consumer goods based on federal consumer law.
4. A contract terminating because of the destruction of the subject matter is an example of
A) A Rule of Construction
B) A voidable interest
C) The impossibly by operation of law doctrine
D) A supervening illegality
5.Which of the following is a false statement?
A) If a contract for the sale of goods does not include a price term, it nonetheless may still be enforceable pursuant to the Uniform Commercial Code.
B) If a contract for the sales of goods does not include the exact terms for payment, it normally will be unenforceable since it is impermissibly vague.
C) When an offer for the sale of goods does not specify a means of acceptance, the offer usually can be accepted by any manner reasonable under the circumstances.
D) A warranty is an assurance by the buyer to the seller that he or she will pay valid and good consideration for a product.
6. Omega Corporation's registration statement with the SEC must include
A) a detailed description of the accounting firm that audits Omega.
B) a description of the security being offered for sale.
C) a financial forecast for Omega’s next five years.
D) a marketing and management plan to ensure Omega’s success.
7. Fred is a director of Great Corporation. As a director, Fred owes Great a duty of
A) care only.
B) loyalty only.
C) care and loyalty.
D) neither care nor loyalty.