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This posting addresses the UCC and related areas.

1. Article 2 of the UCC governs the sale of goods.
True
False
2. Article 2 of the UCC with respect to firm offers in general establishes more stringent rules for non-merchants than for merchants.
True
False
3. A contract with a seller in NY that states delivery is "FOB New York" is a destination contract.
True
False
4. A document of title is used in circumstances in which the buyer may not receive possession of the purchased goods for some time as they may be in a warehouse or in transit.
True
False
5. A check is a specific type of draft in which the instrument is drawn on a bank by a drawer who has an account at the bank.
True
False

Solution Preview

1. Article 2 of the UCC governs the sale of goods.
True <--- this is true. Cornell's Law Library online has the full UCC available for public access. It is a very helpful resource for all college law classes.

2. Article 2 of the UCC with respect to firm offers in general establishes more stringent rules for non-merchants than for merchants.
False <--- it's the opposite. ...

Solution Summary

The solution provides the correct answers with explanations to all multiple choice questions presented regarding the UCC and related topics.

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