Week 5 UCC Sale of Goods and Administrative Law – Quiz.docx

Aug 7th, 2016
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Week 5 UCC Sale of Goods and Administrative Law – Quiz.docx

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Week 5 : UCC Sale of Goods and Administrative Law Quiz1. (TCO 5) Chas and Dodie sign a contract for a sale of goods. Chas is to set the price for the goods atthe time of delivery, but on delivery, refuses to do so. Dody may only (Points : 2)fix a reasonable price.fix a reasonable price or treat the contract as canceled.treat the contract as canceled.wait for Chas to set the price.2. (TCO 5) Bild-Rite, Inc., is a Colorado-based firm that does business with clients throughout NorthAmerica. Bild-Rite oversees construction projects, and buys and sells commercial buildings,undeveloped land, and construction supplies and other goods. Bild-Rite has had to deal with work-sitetheft and vandalism. With respect to these circumstances, the Uniform Commercial Code (UCC)provides a framework for (Points : 2)commercial transactions for the sale of and payment for goods.international

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